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How CbC reporting is presented in Bahrain
Bahrain is another country that has implemented Country-by-Country (CbC) reporting requirements to increase tax transparency and combat tax avoidance by multinational corporations (MNCs). The CbC reporting rules in Bahrain were introduced in 2018 as part of the country’s commitment to implementing international tax standards. Under the Bahrain CbC reporting rules, MNCs with consolidated group revenue…
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How CbC reporting is presented in Argentina
In recent years, many countries have introduced Country-by-Country (CbC) reporting requirements to increase tax transparency and combat tax avoidance by multinational corporations (MNCs). Argentina is one such country that has implemented CbC reporting rules. The CbC reporting requirements in Argentina were introduced through the Fiscal Reform Law No. 27,430 in December 2017. The rules apply…
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How CbC reporting is presented in Netherlands
The Netherlands has implemented Country-by-Country (CbC) Reporting requirements as part of its commitment to the Base Erosion and Profit Shifting (BEPS) Action Plan developed by the Organisation for Economic Co-operation and Development (OECD). Under the CbC Reporting requirements in the Netherlands, multinational enterprises (MNEs) with a consolidated group revenue of at least €750 million in…
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How CbC reporting is presented in Kazakhstan
Kazakhstan has implemented Country-by-Country (CbC) Reporting requirements as part of its commitment to the Base Erosion and Profit Shifting (BEPS) Action Plan developed by the Organisation for Economic Co-operation and Development (OECD). Under the CbC Reporting requirements in Kazakhstan, multinational enterprises (MNEs) with a consolidated group revenue of at least KZT 86 billion (approximately $200…
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How CbC reporting is presented in Japan
Japan has implemented Country-by-Country (CbC) Reporting requirements as part of its commitment to the Base Erosion and Profit Shifting (BEPS) Action Plan developed by the Organisation for Economic Co-operation and Development (OECD). Under the CbC Reporting requirements in Japan, multinational enterprises (MNEs) with a consolidated group revenue of at least JPY 100 billion in the…
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How CbC reporting is presented in Iceland
Iceland has implemented Country-by-Country (CbC) Reporting requirements in accordance with the Base Erosion and Profit Shifting (BEPS) Action Plan 13 developed by the Organisation for Economic Co-operation and Development (OECD). Multinational Enterprises (MNEs) with a consolidated group revenue of at least €750 million in the previous fiscal year are required to file a CbC report…
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How CbC reporting is presented in Gibraltar
Gibraltar has implemented Country-by-Country (CbC) Reporting in compliance with the Base Erosion and Profit Shifting (BEPS) Action Plan 13 developed by the Organisation for Economic Co-operation and Development (OECD). Multinational Enterprises (MNEs) with a consolidated group revenue of at least €750 million in the previous fiscal year are required to file a CbC report in…
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How CbC reporting is presented in Denmark
Denmark has implemented Country-by-Country (CbC) Reporting as part of its compliance with the Base Erosion and Profit Shifting (BEPS) Action Plan 13, which was developed by the Organisation for Economic Co-operation and Development (OECD). Multinational Enterprises (MNEs) with a consolidated group revenue of at least EUR 750 million in the previous fiscal year are required…
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How CbC reporting is presented in Cayman Islands
The Cayman Islands, a British Overseas Territory in the Caribbean, has implemented Country-by-Country (CbC) Reporting through the Tax Information Authority (International Tax Co-operation) (Country-by-Country Reporting) Regulations, 2017. MNEs with a consolidated group revenue of at least USD 850 million in the previous fiscal year are required to file a CbC report. The report should be…
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How CbC reporting is presented in Bahamas
The Bahamas, an archipelagic state in the Caribbean, has implemented Country-by-Country (CbC) Reporting through the Commercial Entities (Substance Requirements) Regulations, 2018. MNEs with a consolidated group revenue of at least USD 850 million in the previous fiscal year are required to file a CbC report. The report should be in XML format and should contain…
