Operation of the MAAL – ATO ‘clarifies’ the effect of its evidence before the Senate Estimates Committee – which was that the MAAL had been very effective

The ATO said that commentary on 25 October 2017 had misrepresented the ATO’s evidence given at Senate Estimates in relation to the Multinational Anti-Avoidance Legislation (MAAL). It said: we wish to confirm the ATO is active in ensuring compliance by multinationals and the corporate tax sector, and the MAAL is effective in bringing multinational taxpayers…