Tag: Faroe Islands
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Country-by-Country Reporting (CbCR) Regulation in the Faroe Islands
The Faroe Islands, an autonomous territory within the Kingdom of Denmark, have adopted Country-by-Country Reporting (CbCR) regulations in alignment with OECD’s Base Erosion and Profit Shifting (BEPS) Action 13. The Faroese Tax Authority (Taks) is responsible for overseeing compliance with these requirements. This guide provides CFOs and tax directors of multinational enterprises (MNEs) operating in…
CbC Reporting 