Australian Treasury releases Exposure Draft Bill — Multinational tax transparency public country-by-country reporting

12 April 2023|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation, Transfer Pricing|Australia

Exposure Draft legislation and Explanatory Materials released by the Australian Treasury require certain large multinational enterprises to publish specified tax information on a country-by-country basis.
The country-by-country reporting entity will be required to publish the specified tax information on an Australian Government website in an approved form for income years commencing on or after 1 July 2023.
The proposed amendments may apply to both Australian and foreign groups that meet the coun…

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