OrbitaxAustralian Taxation Office Reminds Taxpayers to Provide Notification if Arrangements within Scope of New Anti-Avoidance Law
|Approved Changes|Australia
On 16 March 2016, the Australian Taxation Office (ATO) published a reminder that taxpayers have until 31 March 2016 to provided notification to the ATO or risk facing increased penalties if their arrangements are within the scope of the Multinational Anti-Avoidance Law (MAAL).
The MAAL was introduced as part of the Tax Laws Amendment (Combating Multinational Tax Avoidance) Act 2015, which rec…
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