Here is a concise summary of the key details on completing and filing the Country-by-Country (CbC) report in Germany:

Completing the CbC Report

• The CbC report must include the following information for each tax jurisdiction where the multinational enterprise (MNE) group operates:
  • Sales and other income from transactions with affiliated and unaffiliated businesses
  • Total sales and income
  • Profit (loss) before tax
  • Income tax paid and accrued
  • Number of employees
  • Tangible assets
  • A list of the key business activities of each constituent entity 
• Amounts should be reported in full units without decimals, and negative values should be indicated with a “-” 
• The report must be provided in the format of the OECD’s standardized XML Schema 
• The language used should preferably be English, if permissible under local law 

Filing the CbC Report

• The CbC report must be filed with the German Federal Central Tax Office (BZSt) no later than one year after the end of the fiscal year it covers 
• The report must be filed electronically through the ELMA data transmission system 
• The BZSt will conduct a two-stage check of the submitted report – first the ELMA entrance test, then the technical procedure check. Only after passing both checks will the report be considered successfully filed 
• The BZSt is required to store the CbC reports for 15 years 
• Businesses subject to the CbC reporting requirement do not need to inform the BZSt in advance about which group company will submit the report.