Australia to Retrospectively Amend MAAL

Australian Government publishes draft Bill, which would retrospectively amend the Multinational Anti-Avoidance Law (MAAL)

By Alex Cooper

On February 12, 2018, the Australian Government published for stakeholders’ comments a draft Bill, which would retrospectively amend the Multinational Anti-Avoidance Law (MAAL) to prevent multinationals from avoiding the application of the MAAL through the use of foreign trusts and partnerships in corporate structures.Continue Reading

Australia Consulting on Draft Legislation to Implement BEPS Convention

The Australian Government today published for stakeholders’ comments a draft legislation to implement the OECD’s Multilateral Convention to implement tax treaty-related base erosion and profit shifting (BEPS) measures in Australia.

By Alex Cooper

The Australian Government today published for stakeholders’ comments a draft legislation to implement the OECD’s Multilateral Convention to implement tax treaty-related base erosion and profit shifting (BEPS) measures in Australia.Continue Reading

UK, US, Six Others Launch Multilateral Tax Risk Assurance Program For MNEs

Eight tax administrations, including the UK and the US, have launched a pilot program for the multilateral risk assessment of multinational corporations.Continue Reading