Australia: Australia Implementation of OECD Pillar 2 (Minimum Tax Rate)
Progress
Current status
processing consultation
16 Apr 2024 processing consultation
21 Mar 2024 in consultation
Scope
Implementers
Australia
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
cross-cutting
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Closed consultation on the primary legislation to implement the OECD's Pillar Two (Minimum Tax Rate)
On 16 April 2024, the Australian Treasury closed the consultation on the primary legislation to implement the OECD's Pillar Two global Minimum Tax Rate. The legislation is aligned with the OECD's Pillar Two framework. The legislative proposal aims t…
SourceEvent type
law
Action type
consultation closed
Government branch
executive
Government body
other regulatory body
Opened consultation on the primary legislation to implement the OECD's Pillar Two (Minimum Tax Rate)
On 21 March 2024, the Australian Treasury opened a consultation on the primary legislation to implement the OECD's Pillar Two global Minimum Tax Rate until 16 April 2024. The legislation is aligned with the OECD's Pillar Two framework. The legislati…
SourceEvent type
law
Action type
consultation opened
Government branch
executive
Government body
other regulatory body