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Country-by-Country Reporting (CbCR) Regulation in Sweden
Sweden has adopted Country-by-Country Reporting (CbCR) requirements in line with the OECD’s BEPS (Base Erosion and Profit Shifting) Action 13 and the EU Directive on Administrative Cooperation (DAC4). The Swedish Tax Agency (Skatteverket) is responsible for administering these rules, which aim to ensure tax transparency among multinational enterprises (MNEs). This guide provides comprehensive information to…
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Complete List of Countries Implementing CbC
Here is the complete list of countries implementing Country-by-Country Reporting (CbC), with their signing dates: The United States implements CbC reporting unilaterally since June 30, 2016, but is not a signatory to the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA).
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Part 38, Chapter 3A of the Taxes Consolidation Act 1997 (TCA 1997) of Ireland
Part 38, Chapter 3A of the Taxes Consolidation Act 1997 (TCA 1997) deals with the Implementation of Council Directive 2003/48/EC of 3 June in Ireland. This chapter is related to the implementation of European Union regulations concerning taxation. The Taxes Consolidation Act 1997 is a comprehensive piece of legislation that consolidates various tax laws in…
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Country-by-Country Reporting (CbCR) Regulation in Ireland
Ireland has implemented Country-by-Country Reporting (CbCR) as part of its commitment to the OECD’s BEPS (Base Erosion and Profit Shifting) Action 13 framework and EU Directive on Administrative Cooperation (DAC4). These rules, administered by the Irish Revenue Commissioners (Revenue), ensure transparency and combat tax avoidance by multinational enterprises (MNEs). This guide outlines Ireland’s CbCR framework,…
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EU Directive on Administrative Cooperation (DAC4)
The EU Directive on Administrative Cooperation (DAC4) introduced Country-by-Country Reporting (CBCR) to enhance tax transparency within the European Union. This amendment to the original DAC directive was implemented in 2016 through Council Directive 2016/881/EU.Key aspects of DAC4 include: DAC4 aims to combat tax evasion and avoidance by providing tax authorities with a comprehensive view of multinational…
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Section 29b of the Corporate Income Tax Act (Wet op de Vennootschapsbelasting 1969)
Section 29b of the Dutch Corporate Income Tax Act (Wet op de Vennootschapsbelasting 1969) relates to transfer pricing documentation requirements in the Netherlands. Specifically, it is part of the legislation that implements Country-by-Country (CbC) reporting, Master File, and Local File requirements for multinational enterprises (MNEs).Key points about Section 29b include: These requirements are part of the…
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Country-by-Country Reporting (CbCR) Regulation in the Netherlands
The Netherlands has established Country-by-Country Reporting (CbCR) requirements as part of its commitment to the OECD’s BEPS (Base Erosion and Profit Shifting) Action 13 framework. These regulations are overseen by the Dutch Tax and Customs Administration (Belastingdienst) and aim to ensure tax transparency and prevent profit shifting by multinational enterprises (MNEs). This guide provides key…
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Act on Special Measures Concerning Taxation (Japan)
The Act on Special Measures Concerning Taxation is an important piece of legislation in Japan that provides special tax measures and regulations. Here are the key aspects of this act: Purpose and Scope The Act on Special Measures Concerning Taxation (Act No. 26 of 1957) is a Japanese law that establishes special provisions related to…
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Country-by-Country Reporting (CbCR) Regulation in Japan
Japan has implemented Country-by-Country Reporting (CbCR) requirements under the OECD’s BEPS (Base Erosion and Profit Shifting) Action 13. The Ministry of Finance and the National Tax Agency (NTA) enforce these requirements to enhance transparency for multinational enterprises (MNEs) operating in Japan. This guide provides financial directors with key information on CbCR obligations in Japan, including…
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Guidance on Country-By-Country Reporting in Canada
In October 2015, the Organisation for Economic Co-operation and Development (OECD)/G20 project on Base Erosion and Profit Shifting (BEPS) issued reports in 15 action areas. One of these reports deals with Transfer Pricing Documentation and Country-by-Country ReportingFootnote3 (the BEPS Action 13 Final Report). The BEPS Action 13 Final Report recognized that enhancing transparency for tax administrations, by…
CbC Reporting
Country-by-Country Reporting requirements, solutions, FAQs and general info.
CbC Reporting 