
Business Groups Urge Australia To Limit Global Tax Reporting
FACT’s comments on the Australian Treasury’s groundbreaking draft public country-by-country reporting legislation are cited in coverage by Law360’s Kevin Pinner.
FACT’s comments on the Australian Treasury’s groundbreaking draft public country-by-country reporting legislation are cited in coverage by Law360’s Kevin Pinner.
In comments submitted on April 28, FACT applauded the Australian government’s draft legislation to mandate public country-by-country reporting of tax data from large multinationals, and offered recommendations for effective implementation of the new tax transparency regime.
Australia introduces public country-by-country reporting legislation with global reach, and FACT, Transparency International U.S., and Main Street Alliance submit their defense of the Corporate Transparency Act in court.
FACT Government Affairs Director Erica Hanichak is quoted in ICIJ coverage of the Treasury’s implementation of the Corporate Transparency Act, including commitments to verify beneficial ownership information collected under the law made during the Second Summit for Democracy.
FACT Executive Director Ian Gary is cited in the Financial Times’ coverage of increasing investor demand for greater tax transparency for large multinational corporations.
FACT Executive Director Ian Gary is cited by Law360’s Kevin Pinner in coverage of Australia’s groundbreaking new tax transparency legislation: the first of its kind expected to impact global entities, including major U.S. multinationals.