Document ID: chunk:federal_register_of_legislation:C2025C00180:section:3da:p2
Version: federal_register_of_legislation:C2025C00180
Segment Type: section
Provision Reference: s 3DA (pt 2/3)
Character Range: 49649–52514

tax due if the income tax rate applicable in the jurisdiction were applied to the amount mentioned in paragraph (f) of this subsection;
 (k) the currency used in calculating and presenting the information mentioned in paragraphs (d) to (j) of this subsection.
 (4) For the purposes of subparagraph (1)(d)(ii), the Minister may, by legislative instrument, make a determination specifying jurisdictions.
 (5) For the purposes of subparagraph (1)(e)(ii), the following matters are listed:
 (a) the number of employees (on a full‑time equivalent basis) as at the end of the reporting period;
 (b) revenue from unrelated parties;
 (c) revenue from related parties that are not tax residents of the jurisdiction;
 (d) profit or loss before income tax;
 (e) the book value at the end of the reporting period of tangible assets, other than cash and cash equivalents;
 (f) income tax paid (on a cash basis);
 (g) income tax accrued (current year).
 (6) The amounts published by the entity for the matters listed in paragraphs (3)(c) to (i) and subsection (5) must be based on:
 (a) if paragraph (b) of this subsection does not apply—amounts as shown in the audited consolidated financial statements for the entity for the reporting period; or
 (b) if audited consolidated financial statements for the entity for the reporting period have not been prepared—amounts that would be, on the assumptions that the entity were a listed company (within the meaning of section 26BC of the Income Tax Assessment Act 1936) and such statements were prepared, shown in those statements.

Interpretation
 (7) For the purposes of determining the effect that paragraph (1)(c), subsections (3) and (5) and any regulations made for the purposes of paragraph (1)(f) have in relation to an entity, identify information mentioned in those provisions:
 (a) so as best to achieve consistency with Disclosures 207‑1 and 207‑4 of GRI 207:Tax 2019 of the Global Reporting Initiative's Sustainability Reporting Standards; and
 (b) having regard to the following documents, to the extent they are relevant:
 (i) the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations, as approved by the Council of the Organisation for Economic Cooperation and Development and last amended on 7 January 2022;
 (ii) Guidance on the Implementation of Country‑by‑Country Reporting: BEPS Action 13 (2022) of the Organisation for Economic Cooperation and Development;
 (iii) a document, or part of a document, prescribed by the regulations for the purposes of this subparagraph.
Note 1: The document in paragraph (a) could in 2024 be viewed on the Global Reporting Initiative's website (https://www.globalreporting.org).
Note 2: The documents in subparagraphs (b)(i) and (ii) could in 2024 be viewed on the Organisation for Economic Cooperation and Development's website (https://www.oecd.org).