Podcast episode 51: Sharing your company's approach to tax - what Australia's proposed mandatory public disclosures will mean In this episode, KPMG Tax Governance and Transparency Partner Phil Beswick, along with Director Jenny Wong - KPMG's Asia Pacific Lead in ESG Tax – discuss the key features and complexities of Australia's proposed country by country tax reporting rules of February 2024. In a global economy where multinational groups (MNEs) often operate across multiple jurisdictions, ensuring fair taxation has become a paramount concern for governments worldwide. Australia, like many other countries, is taking significant steps towards enhancing tax transparency through the introduction of public country-by-country (CbC) reporting for MNEs. With the release of revised draft legislation in February 2024, Australia is edging closer to implementing mandatory public disclosures ... Sign in below or register now to read the full article |
Authors: Philip Beswick, Jenny Wong Published Date: 21 March 2024 |
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