The Australian Treasury has launched a public consultation on draft legislation to amend the Multinational Anti-Avoidance Law (MAAL) to ensure that corporate structures involving foreign partnerships and foreign trusts cannot be used to avoid the application of the MAAL. The MAAL, which took effect from 1 January 2016, is meant to prevent multinationals from escaping Australian tax by using artificial or contrived arrangements to avoid having a taxable presence in Australia. The amendments m…