Disclosure of subsidiary information

This consultation process has now been completed. Submissions available
Consultation Type
Exposure Draft

Key Documents

As part of the October 2022-23 Budget, the government announced a transparency measure for Australian public companies (listed and unlisted) to disclose information on the number of subsidiaries and their country of tax domicile. The measure will strengthen public scrutiny over disclosures made by public companies.

The government is seeking stakeholders’ views on the exposure draft legislation and accompanying explanatory material implementing this measure.

Previous consultation on the multinational enterprise tax integrity and transparency proposals was held in August and September 2022. 

The government will consult separately on the other elements of its multinational tax integrity package, including the public country-by-country reporting measure.



6 submissions were received for this consultation, including 1 confidential submission.