Australia
Overview of CbC reporting requirements
Australia has fully implemented the BEPS Action 13 (CbC reporting) minimum standard and meets all of the terms of references.
First reporting fiscal year: Commencing on or after 1 January 2016
Consolidated group revenue threshold: AUD 1 billion
Filing deadline: 12 months following the end of the reporting fiscal year
The domestic legal and administrative framework
Australia confirms that its rules have not changed and continue to be applied effectively. Australia continues to meet all terms of reference.