Australia: Multinational anti-avoidance provisions | KPMG | GLOBAL

Australia: Final guidance, multinational anti-avoidance provisions (MAAL)

Australia: Multinational anti-avoidance provisions

The Australian Taxation Office (ATO) this week issued a final version of guidelines concerning taxpayer engagements with the ATO in relation to the “Multinational Anti-Avoidance Law” (MAAL) provisions, pursuant to the MAAL “client experience roadmap.”


Related content

The guidelines are an inducement for taxpayers potentially affected by the MAAL provisions to engage with the ATO to discuss the potential application of the tax provisions to particular circumstances. The ATO is offering significant reductions of potential penalties for taxpayers who contact the ATO before 31 March 2016 and engage in discussions with the ATO on how the MAAL provisions may apply.

The ATO has designated five categories of MAAL taxpayers, each with different potential penalties if the MAAL provisions are ultimately determined to apply. 

KPMG observation

Significant incentives are being offered to taxpayers to engage with the ATO as early as possible. The MAAL client experience roadmap further indicates that the MAAL provisions have a much broader scope than originally anticipated, with the number of taxpayers potentially affected by the MAAL provisions being many more than the 30 companies originally targeted. 



The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Request for proposal