Draft legislation to give legal effect the ‘Multilateral Instrument’ in Australia – Amendment to International Agreements Act to include the MLI like any other bi-lateral agreement
On 8 February 2018, Treasury released draft legislation to give the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) the force of law in Australia. Treasury have asked for submissions by 23 February 2018. On 7 June 2017, Australia signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent…