Intermediaries

[202515] Public country-by-country report lodgment instruction
Registered	August 2025
Expected completion of consultation	December 2025
Consultation status	We have published draft instructions to complete the Public country-by-country report seeking feedback. Comments close on 28 November 2025.
Consultation purpose	To seek feedback on the draft Public country-by-country (CBC) report lodgment instruction to ensure it is clear, fit-for-purpose, and supports consistent, meaningful and comparable public reporting.
Description	The Public CBC reporting regime is a transparency measure first announced in the 2022–23 Budget and enacted in December 2024. It requires large multinational enterprises (MNEs) with annual global income exceeding $1 billion and Australian-sourced income of at least $10 million to publicly disclose selected financial and tax information. The regime differs from the confidential CBC reporting regime, as it requires CBC reporting entities to make selected data available to the public. This includes disclosure on revenues, profits, taxes paid, and the group’s approach to tax. Australia’s implementation is considered world-leading, mandating broader and more detailed disclosures than comparable regimes such as the European Union’s Public CBC framework. Given the scope and novelty of the regime, we anticipate that in-scope CBC reporting entities will require clear guidance on: information that must be included in their annual Public CBC report the level of detail expected in both quantitative and qualitative disclosures how to interpret and apply the legislation and accompanying guidance in practice. We are undertaking consultation to: seek stakeholder views on draft guidance materials clarify stakeholder expectations around disclosure formats and content identify practical challenges and areas where further clarification may be needed. Feedback will ensure guidance supports consistent, meaningful, and comparable public reporting.
Who we are consulting	Community Professional associations Industry representatives Large Business Stewardship Group Significant global entities Multinational enterprises
Consultation lead	Patricia Wang, Public Groups PublicCBC@ato.gov.au

[202511] Review of the tax treatment of digital assets and transactions in Australia
Registered	June 2025
Expected completion of consultation	June 2026
Consultation status	Targeted and phased consultation is planned to commence in November.
Consultation purpose	To seek comment and feedback on proposed public advice and guidance, such as draft taxation determinations, on crypto issues raised in the Board of Taxation’s report, to provide more detailed guidance to taxpayers.
Description	The Board of Taxation's report on its review of the tax treatment of digital assets and transactions in AustraliaExternal Link recommended the ATO establish regular consultation on crypto issues raised in its report. The Crypto Industry Working Group will consult with crypto industry representatives and academic experts, taxation law and accounting representative bodies and relevant government agencies on proposed public advice and guidance and other related tax products to ensure they meet the needs of taxpayers and stakeholders.
Who we are consulting	Taxation law and accounting representative bodies Crypto industry representatives Crypto academic experts Relevant government agencies
Consultation lead	Timothy Beale, Office of the Chief Tax Counsel Timothy.Beale@ato.gov.au