Category: CbC
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Country-by-Country Reporting (CbCR) Regulation in Denmark
Denmark has fully implemented the Country-by-Country Reporting (CbCR) requirements as part of its alignment with the OECD’s Base Erosion and Profit Shifting (BEPS) Action 13 framework. The Danish Tax Authority (Skattestyrelsen) oversees compliance, ensuring multinational enterprise (MNE) groups operating in Denmark adhere to these obligations. This article provides key details for Chief Financial Officers and…
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Country-by-Country Reporting (CbCR) Regulation in Cameroon
Cameroon has adopted Country-by-Country Reporting (CbCR) regulations as part of its efforts to enhance tax transparency and align with global standards established under the OECD’s Base Erosion and Profit Shifting (BEPS) Action 13. The Cameroonian Tax Administration oversees the implementation and compliance of these regulations. This guide provides essential information for Chief Financial Officers and…
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Country-by-Country Reporting (CbCR) Regulation in The Bahamas
The Bahamas has implemented Country-by-Country Reporting (CbCR) as part of its commitment to the OECD’s Base Erosion and Profit Shifting (BEPS) Action 13. As a jurisdiction with a growing focus on international tax transparency, the Bahamas adheres to global standards for reporting requirements of multinational enterprises (MNEs). The Competent Authority of The Bahamas, under the…
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Country-by-Country Reporting (CbCR) Regulation in Albania
Albania has adopted Country-by-Country Reporting (CbCR) regulations as part of its alignment with OECD’s BEPS (Base Erosion and Profit Shifting) Action 13 and international tax transparency standards. The General Directorate of Taxation (GDT) in Albania oversees these requirements. This guide provides essential information for finance directors of multinational enterprises (MNEs) operating in Albania, including the…
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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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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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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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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 