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Australia Publishes Q&A on Country-by-Country Reporting

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) has published Q&A guidance on Country-by-Country (CbC) reporting requirements, including the ATO's transitional administrative practice. The Q&A guidance covers:

  • General issues and eligibility;
  • Country-by-Country report;
  • Master file; and
  • Local file.

Regarding certain transitional relief, the Q&A guidance states that when a foreign parent volun…

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