Quantcast
Subscribe to our newsletter

'Major drama' in Country-by-Country reporting despite extension

The former chair of Kreston Australia has weighed in on the Country-by-Country reporting requirements saga, finding that many clients aren’t prepared for the new deadlines despite penalties of over $500,000 being on the table.

'Major drama' in Country-by-Country reporting despite extension
smsfadviser logo
  • Shared by AccountantsDaily
  • January 11, 2018
share this article

According to the ATO, for the first reporting year, reporting entities that have a due date before 15 February 2018 will now have until 15 February 2018 to lodge their CbC statements, being the Local File, Master File and CbC report as applicable under the law.

Read the full article on Accountants Daily.

Receive the latest Public Accountant news,
opinion and features direct to your inbox.

related articles