This report examines the legislative and regulatory framework of Australia and its impact on multinational corporations (MNCs), specifically focusing on Toronto Dominion Bank (TD Bank). The report details the regulatory bodies such as ASIC and APRA, the legal framework including the Banking Act, and business taxation aspects like corporate tax and GST. It also explores recent laws such as the Multinational Anti-Avoidance Law (MAAL) and Diverted Profits Tax. Furthermore, the report discusses the impact of international treaties and agreements like ISO, IFRS, and GATS on TD Bank's operations in Australia, providing a comprehensive overview of the financial and legal environment for the bank.
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