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