Amends the Income Tax Assessment Act 1997 and Taxation Administration Act 1953 to introduce a penalty regime for significant global entities who fail to meet their country-by-country reporting obligations.
No proposed amendments have been circulated.
No documents at present
Circulated by members and senators when they propose to make changes to the bill. For details about the outcome of proposed amendments please refer to either the Votes and Proceedings (House of Representatives) or the Journals (Senate).
Schedules of amendments list amendments agreed to by the second house are communicated to the first house for consideration. Subsequent action by either house may also be included in a schedule.