New transparency milestone makes large business tax data public
Australian Taxation Office
The Australian Taxation Office (ATO) has today published the first tranche of Public country-by-country (Public CBC) reports for reporting periods starting on or after 1 July 2024. These reports provide detailed information on the activities, revenues, profits, income taxes and other financial information disclosed by large businesses across the jurisdictions they operate in.
Australia’s Public CBC reporting regime requires large businesses with an Australian presence to publicly disclose specific tax and financial data about their business group on an annual basis. Public CBC reports are submitted to the ATO for publishing and provide greater transparency for the community.
ATO Acting Deputy Commissioner Michelle Sams said the release of the first reports is a significant tax transparency milestone.
‘The release of Australia's first Public CBC reports marks an important milestone in corporate tax transparency. These reports provide the public greater visibility of the global operations and tax disclosures of large businesses operating in Australia.’
Public CBC reporting forms part of a broader suite of measures supporting transparency and confidence in Australia’s tax system.
Public CBC reports will be published in tranches based on when the ATO receives and processes the reports. As this first release does not cover a full annual reporting cycle for all businesses, it should not be viewed as a complete picture of Public CBC reporting activity for the reporting period.
This first release is primarily entities with a 30 June year end, which is Australia’s standard financial year. Many foreign owned businesses have a 31 December year end and will be included in the next release.
‘As more reports are published over time, the data will provide a more comprehensive picture of the global operations and tax disclosures of large businesses operating in Australia,’ said Ms Sams.
In October 2026, the ATO published its annual Corporate Tax Transparency (CTT) report.
‘While both the CTT report and Public CBC report support tax transparency for large businesses, they provide different insights. The CTT report includes Australian total income, taxable income and tax paid sourced from Australian entity income tax returns, whereas Public CBC information is global group information based on consolidated financial statements (or equivalent) and is reported on a jurisdictional basis. By way of example, the CTT is information about a single Australian entity – whereas a single Public CBC report could include information about numerous Australian and non-Australian entities within a group. This wider lens now also allows the public to view global tax affairs more holistically.'
‘Public CBC reporting enables the public to make a better assessment of whether a reporting entity’s economic presence in a jurisdiction aligns with the amount of tax they report and pay in that jurisdiction,’ Ms Sams said.
Notes to journalists
- Public country-by-country report 2025 year
- Corporate Tax Transparency report 2024-25 income year
- 2024-25 Report of entity tax information
Media assets
- A high-resolution headshot of ATO Acting Deputy Commissioner Michelle Sams is available from the ATO media centre.
- ATO stock footage and images are available for use in news bulletins from our media centre.
Contact details:
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