US EditionAustralia’s Crystal Clear about Tax Transparency
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Australia’s Crystal Clear about Tax Transparency
How do multinational companies do business in tax havens? That what’s the Australian government wants to know. And that’s precisely why at the end of November—after two years of negotiations—the Australian Parliament finally passed legislation requiring public country-by-country reporting. Of course, going public with tax disclosures is nothing new—the EU passed the Public Country-by-Country Reporting Directive in 2021—but Australia takes tax tr…
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