We consider that, although certain important aspects relating to public Country by Country reporting have been clarified by Order 1730 (such as the requirement to report in Romania only for entities whose ultimate parent company is established in a non-EU Member State), certain aspects ...
Action 13 of the OECD/G20 Base Erosion and Profit Shifting Project provides an inclusive framework to address these challenges including a template for annual country-by-country reporting of revenues, profits, and taxes paid. In the United States, final regulations have established the reporting ...
International TaxCountry-by-CountryIn this paper, I discuss the OECD/BEPS country-by-country reporting requirements and the disconnect between country-by-country reporting data and current tax poHanlon, MichelleSocial Science Electronic Publishing
Country-By-Country Reporting pursuant to the Mutual Legal Assistance (Tax Matters) (Amendment) Act, 2018 amending the Mutual Legal Assistance (Tax Matters) Act, 2003 (as amended, the “Act”). What are the country-by-country reporting requirements under the Act?
The Senate of the Dutch Parliament on 21 December 2015 has passed the legislative proposals that will implement country-by-country reporting in line with Action 13 of the OECD's BEPS Project. The author considers the likely impact of the coming changes and the future outlook in the country.关...
This alert is intended to aid businesses that may have obligations to report information under the Tax Information Authority (International Tax Compliance) (Country-by-Country Reporting) Regulations, 2017 (“CbCR Regulations”), which were issued by the Cayman Islands on 15...
(unaudited) The Capital Requirements (Country-By-Country Reporting) Regulations 2013 came into effect on 1 January 2014, and have been transposed into UK law to impose certain reporting obligations on institutions within the United Kingdom within the scope of Capital Requirements Directive IV (CRD ...
As is discussed in this article, country-by-country reporting will severely test how corporate tax departments manage their financial data in complying with these new reporting requirements. This article also outlines the more important practical and implementation issues that corporate tax departments wil...
Before the fiscal year end, MNE groups should be conscious of their compliance with CbC reporting requirements in jurisdictions where they have presence. In the context of the expanding international CbC exchange network and tax transparency, it is of paramount importance to asses...
Country-by-Country Reporting (CbCR) mandates Multinational Enterprises (MNEs) with over €750m in revenue to disclose operational and financial data in various jurisdictions to tax authorities. The primary aim is to prevent tax avoidance and ensure taxat