AUSTRALIAN TAX TREATIES
The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the MLI) has modified the application of this tax treaty. A synthesised text of the MLI and this tax treaty is available to facilitate the understanding of how the MLI modifies this tax treaty.
Article 9 of the Agreement is amended by:
(a) adding at the end of paragraph (3):
" In any such case, the provisions of Article 5 shall apply. "
(b) adding at the end of paragraph (5):
" The term does not include income to which paragraph (4) of Article 7 applies. "