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Australia Consulting on Revised Draft Legislation for Public CbC Reporting

|Proposed Changes|Australia
Australia

The Australian Treasury is holding an additional public consultation on the introduction of new requirements for the publication of selected tax information on a Country-by-Country (CbC) basis, i.e., public CbC reporting. The deadline for comments is 5 March 2024. The consultation includes the release of revised exposure draft legislation (ED) and explanatory materials (EM) that would implement public CbC reporting in Australia for tax periods starting on or after 1 July 2024, one year lat…

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