This session explored the evolving landscape of tax transparency and governance in Australia, including practical measures for dealing with:
- The rollout of Public Country-by-Country Reporting, what multinationals are disclosing, governance, reputational risk and board-level implications, sourcing data and cross-over with similar international measures, and practical experience with exemptions
- The redesigned Voluntary Tax Transparency Code, key changes in the 2025 redesign and practical implications
- The ATO’s Justified Trust program, whether the increase in tax transparency is positively influencing taxpayer behaviour
- The Board of Taxation’s review into reducing red tape in the tax system.