Yes. The public country-by-country reporting was a European Union directive that has now been introduced into national law across all EU jurisdictions. Romania was the first country that implemented it ahead of the pack, so there is disclosure already available in Romania and disclosure from other European Union countries will be coming in.
The problem with the European Union set-up is that it only requires disclosure on EU member states—so the taxes paid, income, related-party transactions within the European Union—and does not cover tax havens outside the European Union.
Of course, there are tax havens inside the European Union, like Ireland, Luxembourg and the Netherlands, but it's limited in its geographical scope to the European Union, whereas in Australia, it's a broader geographic scope and covers what are widely recognized as the most abused tax havens.
