Tax Laws Amendment (Combating Multinational Tax Avoidance) Act 2015 (170 of 2015)

Schedule 2   Multinational anti-avoidance

Income Tax Assessment Act 1936

3   At the end of section 177CB

Add:

(5) Subsection (4) applies in relation to the scheme as if references in that subsection to the operation of this Act included references to the operation of any foreign law relating to taxation:

(a) if this Part applies to the scheme because of section 177DA; or

(b) for the purposes of determining whether this Part applies to the scheme because of section 177DA.