Tax

From 1 July 2024, Australia introduces public country-by-country reporting (CbCR). Learn what multinationals must disclose, compliance risks, and how BOA & CO. can help you prepare. Australia has taken a major step toward greater corporate tax transparency with the introduction of its public country-by-country reporting (CbCR) regime. For multinational enterprise (MNE) groups operating in or

Your technical update on cross-border tax compliance in Australia The High Court of Australia has recently delivered its decision in the PepsiCo case, a landmark ruling that has significant implications for the treatment of cross-border royalties and withholding tax obligations. Combined with a wave of international tax reforms, this decision will shape how multinational groups

The Australian Taxation Office (ATO) has released draft changes to two GST rulings that could significantly impact how residential premises are treated for tax purposes. These updates follow the Administrative Appeals Tribunal’s decision in Domestic Property Developments Pty Ltd v Commissioner of Taxation and are now open for consultation until 8 August 2025. Key Updates

Multinational groups, corporate taxpayers, and foreign investors—are you ready for the ATO’s sweeping new tax return requirements? With Tax Time 2025 on the horizon, the Australian Taxation Office (ATO) has unveiled its updated income tax return forms, schedules, and instructions, introducing significant new disclosure requirements under the reformed thin capitalisation regime and newly introduced debt

As Australia tightens its tax transparency rules, large multinational groups—especially those headquartered outside Australia—are now facing significant new reporting obligations. The Australian Taxation Office (ATO) has just released its updated guidance on Public Country-by-Country (CBC) Reporting, and it carries major implications for Chinese parent companies with operations or subsidiaries in Australia. This move is part