Government amendments to interest limitation rules tabled in Senate

In this article, Julian Humphrey, Alia Lum, Peter Oliver, and Amanda Maguire outline the key changes in the recent amendments to the ‘Making Multinationals Pay Their Fair Share’ Bill.

The Government has tabled amendments to the Treasury Laws Amendment (Making Multinationals Pay Their Fair Share – Integrity and Transparency) Bill 2023 (the Bill), which implements the new interest limitation (thin capitalisation) and disclosure of subsidiary information measures. The Government amendments (Amendments) were previously released by Treasury in exposure draft (ED) form in October.  In this article, we focus on the Amendments, highlighting the key changes from the ED, with ...

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Authors: Julian Humphrey, Alia Lum,

Published Date: 01 December 2023