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ATO Provides Guidance on Public CbC Reporting

30 January 2025

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Approved Changes

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Australia

The Australian Taxation Office has published guidance on Public Country-by-Country reporting. --- Public Country-by-Country reporting Check how some multinationals report on country-by-country basis. What is Public CBC reporting? Public CBC reporting is a reporting regime which requires certain large multinational enterprises to publish selected tax information. The information must be reported either on a CBC basis or on an aggregated basis. The regime applies for reporting periods commencing from 1 July 2024. The entities within the regime publish their Public CBC report by providing it to the ATO and then the ATO uploading it on data.gov.au. Public CBC reporting improves...