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06 September 2018

Australia's law to adopt Multilateral Instrument receives Royal Assent

Australia's law to adopt the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI) (Treasury Laws Amendment (OECD Multilateral Instrument) Bill 2018 (the MLI Bill)) received Royal Assent on August 24. The ratification documents are currently being prepared for government execution. Australia will then deposit its instrument of ratification together with the list of Australia's MLI reservations and notifications with the Organisation for Economic Co-operation and Development (OECD).

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of this Tax Alert

Document ID: 2018-1750

 

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