We're setting up a special purpose working group to support consultation on how we implement Pillar Two global and domestic minimum tax in Australia for multinational businesses.
Through consultation, the working group will seek feedback on administrative aspects of the implementation of this new measure, including:
- the design of 2 new Australian tax returns, keeping in mind domestic requirements for an approved form to enable assessment and collection of a Top-up Tax:
- Australian income inclusion rule and undertaxed profits rule tax return (AIUTR)
- Domestic minimum tax return (DMTR)
- the resources, systems and processes that multinational businesses are considering, or may already have in place, in response to the announced measure, including system builds and services provided by software designers
- how we can support implementation through public advice and guidance, and co-designing client engagement approaches.
Membership requirements
If you become a member of the working group, we'll expect you to:
- bring relevant knowledge and expertise, either from your own experience or by canvassing members of the organisation you represent
- maintain confidentiality and act in line with the ATO consultation framework
- engage in good faith and respect the expertise and contributions of others
- disclose matters that are or could be perceived to be conflicts of interest and take appropriate action to manage or mitigate those conflicts
- sign an integrity declaration that includes agreeing to meet your tax, super and registry obligations.
How to apply
If you would like to apply, send a one-page expression of interest (EOI) to Pillar2Project@ato.gov.au by 5:00 pm (AEST) Friday 9 August. In your EOI, outline:
- your experience and knowledge, relating to the global and domestic minimum tax measure
- how the measure affects your organisation or your role as an adviser.
Keep up to date
We have tailored communication channels for medium, large and multinational businesses, to keep you up to date with updates and changes you need to know.
Read more articles in our online Business bulletins newsroom.
Subscribe to our free:
- fortnightly Business bulletins email newsletterExternal Link
- email notifications about new and updated information on our website - you can choose to receive updates relevant to your situation. Choose the 'Business and organisations' category to ensure your subscription includes notifications for more Business bulletins newsroom articles like this one.