Australia's public country-by-country reporting law passes all stages of Parliament

04 December 2024|Tax Alerts, National/Federal Taxation, Transfer Pricing, Global|Australia

The Parliament has passed legislation to implement the Australian public country-by-country reporting regime.
The reporting regime will require large multinational enterprises with Australian-sourced income of AU$10m or more to publish specified information on a country-by-country basis.
The first public country-by-country reports will be due by 30 June 2026.

Executive summary

On 28 November 2024, the Australian public country-by-country reporting (PCbCR) regime was passed by all stages of Par…

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