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Australia: Hybrid mismatch legislative proposals

Australia: Hybrid mismatch legislative proposals

Several pieces of legislation on 13 May 2020 were introduced into Parliament—including a bill that proposes technical changes to the hybrid mismatch rules.

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The Treasury Laws Amendment (2020 Measures No. 2) Bill 2020, as introduced in the House of Representatives, would make technical changes to the hybrid mismatch rules to address the integrity of Australia's income tax laws and their application to multinational enterprises.

There are other non-hybrid mismatch measures included in the bill.

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