Tax Laws Amendment (Combating Multinational Tax Avoidance) Act 2015 (Cth)

Tax Laws Amendment (Combating Multinational Tax Avoidance) Act 2015

No. 170, 2015

An Act to amend the law relating to taxation, and for related purposes

Contents 1 Short title 2 Commencement 3 Schedules Schedule 1—Significant global entities Income Tax Assessment Act 1997 Taxation Administration Act 1953 Schedule 2—Multinational anti‑avoidance Income Tax Assessment Act 1936 Taxation Administration Act 1953 Schedule 3—Scheme penalties for significant global entities Taxation Administration Act 1953 Schedule 4—Country‑by‑Country reporting Income Tax Assessment Act 1997

Tax Laws Amendment (Combating Multinational Tax Avoidance) Act 2015 No. 170, 2015

An Act to amend the law relating to taxation, and for related purposes

[Assented to 11 December 2015]

The Parliament of Australia enacts:

1 Short title This Act may be cited as the Tax Laws Amendment (Combating Multinational Tax Avoidance) Act 2015.

2 Commencement (1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information Column 1 Column 2 Column 3 Provisions Commencement Date/Details 1. The whole of this Act The day this Act receives the Royal Assent. 11 December 2015

Note: This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act. (2) Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3 Schedules Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.