On April 28, TEI submitted comments to the Australian Treasury regarding the Treasury’s proposal to require certain companies to publicly disclose tax information on a country-by-country (CbC) basis.
TEI’s comments focused on the differences between the Australian proposal and other initiatives to publicly report CbC data around the world, which could lead to confusion, among other concerns.
TEI’s comments were prepared under the aegis of its European Direct and Asia Tax Committees. Benjamin R. Shreck, TEI tax counsel, coordinated the development of TEI’s comments. Read the comments here.