Category: CbC
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Country-by-Country Reporting (CbCR) in Colombia
Colombia has implemented the OECD’s Base Erosion and Profit Shifting (BEPS) Action 13 recommendations through its domestic legislation, including Country-by-Country Reporting (CbCR). The Colombian Tax Authority (DIAN) oversees these obligations to enhance tax transparency and combat tax avoidance by multinational enterprise (MNE) groups. This guide provides a comprehensive overview of CbCR requirements in Colombia for…
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Country-by-Country Reporting (CbCR) in Gibraltar
Gibraltar has adopted the OECD’s BEPS Action 13 requirements, including Country-by-Country Reporting (CbCR), as part of its commitment to global tax transparency and international cooperation. The regime is applicable to multinational enterprise (MNE) groups operating in or through Gibraltar, subject to certain thresholds and conditions. This guide outlines the key regulatory aspects, filing procedures, deadlines,…
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Country-by-Country Reporting (CbCR) in Chile
Chile has aligned its tax transparency rules with the OECD’s BEPS Action 13 recommendations by implementing Country-by-Country Reporting (CbCR). These requirements are designed to provide tax authorities with a comprehensive view of the global operations and profit allocation of multinational enterprise (MNE) groups. This guide outlines the CbCR obligations in Chile, including eligibility thresholds, filing…
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Country-by-Country Reporting (CbCR) in Portugal
Portugal has adopted the OECD’s BEPS Action 13 framework, including Country-by-Country Reporting (CbCR) requirements. These obligations aim to improve tax transparency by requiring multinational enterprise (MNE) groups to disclose detailed information about their global allocation of income, taxes, and economic activity. This guide outlines Portugal’s CbCR requirements, including compliance thresholds, filing procedures, deadlines, and applicable…
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Country-by-Country Reporting (CbCR) in South Africa
South Africa has implemented the OECD’s BEPS Action 13 recommendations, including the adoption of Country-by-Country Reporting (CbCR) requirements. These obligations form part of the country’s broader strategy to enhance tax transparency and ensure that multinational enterprise (MNE) groups pay taxes where economic activities and value creation occur. This guide provides an overview of South Africa’s…
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Country-by-Country Reporting (CbCR) in South Korea
South Korea has fully implemented the OECD’s BEPS Action 13 recommendations, including Country-by-Country Reporting (CbCR), through its domestic legislation. The CbCR obligations form a part of the broader transfer pricing documentation requirements and are intended to enhance transparency in the operations of multinational enterprise (MNE) groups. This guide outlines South Korea’s CbCR requirements, including thresholds,…
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Country-by-Country Reporting (CbCR) in Kazakhstan
Kazakhstan has adopted the OECD’s Base Erosion and Profit Shifting (BEPS) Action 13 recommendations by incorporating Country-by-Country Reporting (CbCR) into its domestic tax legislation. This initiative is aimed at increasing tax transparency and ensuring that profits are reported and taxed where economic activities occur. This guide provides key information for multinational enterprise (MNE) groups with…
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Country-by-Country Reporting (CbCR) in Jersey
Jersey has implemented the OECD’s Country-by-Country Reporting (CbCR) framework under BEPS Action 13, reinforcing its commitment to global tax transparency. The reporting obligations apply to multinational enterprise (MNE) groups meeting specific revenue thresholds and involve both notification and filing requirements. This guide provides an overview of Jersey’s CbCR regime, including who must report, how to…
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Country-by-Country Reporting (CbCR) in Norway
Norway has fully adopted the OECD’s Base Erosion and Profit Shifting (BEPS) Action 13 recommendations regarding Country-by-Country Reporting (CbCR). These regulations aim to improve transparency in corporate tax practices and ensure profits are taxed where economic activities take place. This guide outlines the CbCR obligations for multinational enterprise (MNE) groups with operations in Norway, including…
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Country-by-Country Reporting (CbCR) in Bulgaria
Bulgaria has implemented the OECD/G20 BEPS Action 13 Country-by-Country Reporting (CbCR) requirements as part of its commitment to international tax transparency. These obligations are embedded in national legislation and apply to multinational enterprise (MNE) groups meeting certain thresholds. This guide outlines the essential aspects of Bulgaria’s CbCR regime, including applicability, compliance steps, deadlines, and penalties.…
CbC Reporting 