EYEY

Australian public country-by-country reporting Bill progress update

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

  • The Senate Economics Legislation Committee has recommended that Parliament pass the Bill that includes public country-by-country reporting measures.
  • New disclosures apply in respect of financial reporting periods commencing on or after 1 July 2024 to certain groups that have more than AU$1b revenue, subject to a de minimis Australian income exemption and scope to apply for certain other exemptions.…

Continue Reading