Multinational tax transparency exposure draft: KPMG submission

Australia’s proposed rules represent a substantial shift in the approach of tax transparency reporting requirements globally.

KPMG supports transparency of tax information to help build trust between organisations, their stakeholders and the communities in which they operate. It is important for Australia’s proposals to align with existing global transparency frameworks. Further consultation is required to better achieve a balance between the significant compliance costs and the public benefit of deviations from global standards. KPMG lodged submission on the Multinational Tax Transparency Exposure Draft (ED) on ...

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Authors: Alia Lum, Jenny Wong,

Published Date: 02 May 2023