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Australia revises draft legislation for public country-by-country reporting

|Tax Alerts, Information Reporting, Legis ...|Australia
Australia

  • Revised draft legislation contains a new requirement for large multinational entities to prepare certain information on a country-by-country basis for public release by the Australian Taxation Office.
  • Comments on the revised draft law are due by 5 March 2024.
  • Commencement of the new requirements is deferred by 12 months for financial reporting periods commencing on or after 1 July 2024.
  • The draft law…

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