On 28 March 2018, the Treasury Laws Amendment (Tax Integrity and Other Measures) Bill 2018 was submitted to the Australian parliament. As summarized in the explanatory memorandum, the bill includes the following:

Schedule 1 - Toughening the multinational anti-avoidance law

Schedule 1 to the Bill amends the ITAA 1936 to ensure that the multinational anti-avoidance law applies appropriately …