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Australia to Lower Income Threshold for Public Disclosure of Tax Information by the ATO

|Proposed Changes|Australia
Australia

Draft legislation is currently before the Australian Senate that would lower the income threshold for the public disclosure of corporate tax information of private Australian companies by the Australian Taxation Office (ATO). The legislation is meant to align the threshold for private corporate entities with that of public corporate entities by lowering the threshold from AUD 200 million to AUD…

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