Member entities of the global parent entity group
Section B is to identify each of the members of your Public CBC reporting group, including the reporting entity, as well as your approach to tax.
The Public CBC reporting regime allows a partial exemption under certain conditions. A 'partial exemption’ is a release from some, but not all, of your reporting obligations for a single reporting period. For example, where one or more but not all of the pieces of information do not need to be published, or where all information is exempt for particular jurisdictions only.
If you have requested and been provided written notification that you have been granted a partial exemption for a particular piece of information, you must select 'True' at the exemption question and not complete the field below. If you are not exempt, you must select ‘False’ and complete the field.
Note: You must provide the correct information required for your circumstance. Providing information that is exempt, or not providing information when it is required, means the report has not been completed correctly in the approved form, or in accordance with the instructions.
Your Public CBC reporting obligation for the reporting period is only satisfied once you have published a correct report in the approved form, suitable for publication, and we have uploaded it to data.gov.auExternal Link.
Are you exempt from publishing the members of your CBC reporting group?
This question is mandatory.
This indicates whether you have been provided written notice that you have been granted a partial exemption from publishing the members of your Public CBC reporting group. A valid value is 'True' or 'False'.
If you select ‘True’, proceed to the question titled Public CBC statement on approach to tax as a reporting entity exempt from supplying the names of the members of the Public CBC reporting group doesn't need to provide details of the members' names.
If you select 'False', continue to the next question to provide the names of the members of your Public CBC reporting group.
Global parent entity group members
Member of your CBC reporting group
List all the members of your Public CBC reporting group in respect of the relevant reporting period. You should be able to rely on the list of members by jurisdiction included in your audited consolidated financial statement for the relevant reporting period. The list should include dormant entities.
Enter the full legal name of each member, including the reporting entity.
Statement on approach to tax
Public CBC statement on approach to tax
Are you exempt from publishing the statement on approach to tax?
This question is mandatory.
This indicates whether you have been provided written notice that you have been granted a partial exemption from publishing the statement on approach to tax. A valid value is 'True' or 'False'.
If you select 'True', omit the statement on approach to tax and proceed to Section C: Public CBC report - Australia and specified jurisdictions.
If you select 'False', continue to the next question to complete the statement on approach to tax.
Statement on approach to tax
The statement on ‘approach to tax’ should align with GRI 207, in particular 'GRI 207-1 Approach to tax'. Your statement may:
- define how you balance tax compliance with business activities, and
- outline
- your tax principles
- your attitude to tax planning
- the degree of risk the organisation is willing to accept
- your approach to engaging with tax authorities.
When outlining your approach to regulatory compliance, you can include information on statements in your tax strategy or equivalent documents regarding your intentions with respect to the tax laws. This includes whether you aim to comply with both the letter and spirit of the law, and how your approach to tax supports your overall business objectives and sustainable development commitments in the jurisdictions in which the members of the Public CBC reporting group operate.
You may also provide examples that illustrate your approach, such as:
- the use of tax incentives
- your approach to tax havens
- transfer pricing principles
- your risk appetite related to tax.
The statement field is in free text format with up to 5,000 characters allowed. If you wish to provide further information in this field, you may include a URL to a website by typing it in text format, but not as a hyperlink.
Continue to: Section C: Public CBC report – Australia and specified jurisdictions
Return to: Instructions to complete the Public CBC report