The Australian Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015 received Royal Assent on 11 December 2015 and is enacted. The legislation includes new transfer pricing documentation and country-by-country (CbC) reporting requirements and other measures to counter tax avoidance. It was approved by the Australian Parliament on 3 December 2015 ({News-2015-12-08/A/2- previous co…