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What multinationals should be doing now | Public Country-by-Country reporting update

Multinational groups have just two months to meet their first Public Country-by-Country reporting deadline, with penalties up to AU$825,000 for non-compliance. Donna Arnold, Sydney Tax Consulting & Compliance partner, explains Public CbC report timing and scope, what’s changing, who’s likely to be affected, exemptions and ATO engagement, and what multinational groups should be doing now to prepare.