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Australia's adoption of the OECD Multilateral Instrument

19 December 2016 | Consultation Paper

On 26 November 2016, the Minister for Revenue and Financial Services, the Hon Kelly O'Dwyer MP, foreshadowed the release of a discussion paper by Treasury on the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Multilateral Instrument).

The Multilateral Instrument, which was released by the Organisation for Economic Cooperation and Development (OECD) on 24 November 2016, is a multilateral treaty that will enable jurisdictions to swiftly modify their bilateral tax treaties to implement measures designed to better address multinational tax avoidance. These measures were developed as part of the OECD/G20 Base Erosion and Profit Shifting (BEPS) project.

The Government invites all interested parties to make a submission on the potential impacts of Australia becoming a Party to the Multilateral Instrument.

The Multilateral Instrument and its Explanatory Statement, along with further information on the BEPS project, are available on the OECD’s website.

Making a Submission

Interested parties are invited to comment on the consultation papers.

While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.

All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.

Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.

Closing date for submissions: Monday, 6 February 2017

Address written submissions to:

Base Erosion and Profit Shifting Unit
Corporate and international Tax Division
The Treasury
Langton Crescent

For enquiries please call Mr Greg Wood +61 2 6263 3329.

Key Documents

Make a Submission

  • Alternatively submit via post. Please include the attached submission cover sheet. 60KB
Ref Num: {2029962B-6C0F-4FFD-86D1-C6F21AD13911}
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