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ATO Provides Overview of Domestic Tax Regime Countering BEPS in Large Corporate Groups

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) recently published an updated overview of Australia's domestic tax regime for large corporate groups in terms of anti-avoidance and BEPS. The key aspects of the regime are summarized as follows:

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General anti-avoidance rule

Australia is fortunate to be among the few countries to have the benefit of general anti-avoidance measures. In addition to the …

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