Learn about the critical reporting obligations Significant Global Entities (SGE) face, and why even smaller Australian companies might be affected, especially those with private equity investments. Discover the hefty penalties for late filings with the ATO, and understand the additional filing obligations, including the lodgment of General Purpose Financial Statements and Country by Country reporting filings. Stay tuned as we also touch on the upcoming Pillar Two reporting rules and the proposed transparency in CBC reporting. Whether you're a tax professional or keen on understanding the intricacies of international tax laws affecting SGEs, this episode is packed with valuable insights.

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