Country-by-Country Reporting: Another Step in Global Tax Transparency

Journal
Nethercott, L.; Gonzaga, L.
Australia
Asia-Pacific Tax Bulletin 2016 (Volume 22), No. 5
PriceUSD 45

In this article, the authors consider the Country-by-Country reporting requirements of Action 13 of the BEPS Action Plan and the Australian legislation in respect of it. The article gives an overview of the practical aspects of the reporting requirements in relation to the reporting period, availability of information, reporting responsibility, the role of advisers, materiality, consistency and corporate strategy.