Synthesised text of Australia’s double taxation agreement (DTA) with Canada with the MLI – released by the ATO

On Friday 20.3.20, the ATO released a synthesised text of Australia’s double taxation agreement (DTA) with Canada. It outlines the modifications that have been made to the DTA by the Multilateral Convention to Implement Tax Treaty Measures to Prevent Base Erosion and Profit Shifting (known as the ‘Multi-lateral Instrument’ or ‘MLI’)

See below for an explanation and an example of the synthesised text.

[Tax Month – March 2020]