PE domestic law
Australia's Pillar Two legislation clarifies the treatment of a Permanent Establishment
On 4 July 2024, the Australian Government introduced legislation to Parliament to implement Australia's adoption of Pillar Two. This followed a public consultation on exposure drafts (EDs) released in March 2024. After the EDs were published, the primary legislation underwent a brief public consultation process, which concluded in April 2024. Based on feedback from that consultation and addition…