The Australian Treasury has launched a public consultation on a revised draft of the Treasury Laws Amendment (OECD Hybrid Mismatch Rules) Bill 2018, which provides for the implementation of the hybrid mismatch rules developed as part of BEPS Action 2. In comparison with the initial draft ({News-2017-11-30/P/2-previous coverage}), the revised draft includes additional provisions to:
- Implement the recommendations in the OECD Branch Mismatch Arrangements Report ({News-2017-07-31/A/4-previous co…