Australia - Country-by-Country Reporting: Law in the Making
- A. Joseph
- International Transfer Pricing Journal, 2016 (Volume 23), No 3
- 15 April 2016
Legislative progress in the BEPS area has been fairly quick in Australia, culminating with the enactment of the Tax Laws Amendment (Combating Multinational Tax Avoidance) Act No. 170 of 2015 (date of assent: 11 December 2015). The author reviews the potential impact of the Act as regards transfer pricing documentation and penalties.