On 20 September 2018, the Treasury Laws Amendment (Tax Integrity and Other Measures) Bill 2018 was passed by both houses of the Australian Parliament. The schedules of the legislation are summarized as follows:

Schedule 1 - Toughening the multinational anti-avoidance law

Schedule 1 amends the ITAA 1936 to ensure that the multinational anti-avoidance law (MAAL) applies appropriately to arti…