Australia has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention).
The Minister for Trade, Tourism and Investment, the Hon Steven Ciobo MP, signed the Convention for Australia at a ceremony hosted by the Organisation for Economic Cooperation and Development (OECD) in Paris on 7 June 2017. 67 other jurisdictions also signed the Convention, including 35 of Australia's bilateral tax treaty partners.
Media release: Australia signs new multilateral convention to prevent tax avoidance