The Australian Taxation Office (ATO) published updated guidance on 12 April 2021 concerning the Multinational Anti-Avoidance Law, which came into effect on 1 January 2016.
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Combating multinational tax avoidance – a targeted anti-avoidance law
The Multinational Anti-Avoidance Law (MAAL) is part of the government's efforts to combat tax avoidance by multinational companies operating in Australia.
The MAAL has been established to ensure that multinationals pay their fair share of tax on …