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ATO Update on Process for CbC Reporting Lodgments

14 February 2020

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Approved Changes

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Australia

The Australian Taxation Office (ATO) has issued an email notification concerning an important update on Country-by-Country (CbC) reporting lodgments. --- There is important information below regarding your CbC Reporting lodgments made from 16 March 2020. We have considered your feedback and have made the following changes to ensure a more effective system.   An increased number of data validations will now be performed on lodgments before they are accepted. These validations do not impose new lodgment requirements. They seek to ensure that CbC Reporting lodgments accepted by our systems comply with the relevant requirements. These include identity matching of entities against...