Australia to publicly report company tax information during the week of December 14

The Australian Taxation Office announced December 7 that it will fulfill its obligation to publicly report tax information of corporate entities pursuant to new tax transparency laws during the week of December 14.

The information will relate to the 2013-14 income year, covering the companies’ total income, taxable income, and income tax payable.

The law applies to public companies with a total income of AU100 million or more. Australia’s Parliament on December 3 voted to extend the reporting requirement to private companies with income of AU 200 million or more.

See:

• Release