Australia: Guidance on transitional CbC reporting safe harbor under Pillar Two rules

Updated webpage helps taxpayers determine whether the CbC reporting safe harbor applies

Share
october 23, 2025

The Australian Taxation Office (ATO) has updated its webpage on the Pillar Two global and domestic minimum tax with new guidance to help taxpayers determine whether the transitional country-by-country (CbC) reporting safe harbor applies.

According to the ATO release (October 22, 2025), the guidance includes an overview of the transitional CbC reporting safe harbor, which includes:

  • Conditions for access
  • Effects of applying the safe harbor
  • The transition period it applies to

In addition, the guidance covers how to apply the three transitional CbC reporting safe harbor tests:

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's . Privacy Statement

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline