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Australia Consults on Improving the Integrity of the Thin Capitalisation Rules

|Proposed Changes|Australia
Australia

The Australian Treasury has published the Treasury Laws Amendment (Making Sure Multinationals Pay Their Fair Share of Tax in Australia and Other Measures) Bill 2018 for public consultation. The legislation includes changes to improve the integrity of Australia's thin capitalisation rules, including that for the purpose of the rules, an entity must comply with the accounting standards in determi…

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