Tag: European Union
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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…
CbC Reporting 