
Australia Issues Update on Global Minimum Tax
On March 7, 2024, the Australian Taxation Office provided an update on the implementation of Pillar Two.

On March 7, 2024, the Australian Taxation Office provided an update on the implementation of Pillar Two.

Australia issued an Exposure Draft for Multinational Tax Transparency Reporting last week to provide for global public country-by-country reporting for many large multinational enterprises (MNEs) operating in Australia. This includes the GloBE ETR.
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