Tag: Luxemburg
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Country-by-Country Reporting (CbCR) Regulation in Luxembourg
Luxembourg has implemented Country-by-Country Reporting (CbCR) in line with the OECD Base Erosion and Profit Shifting (BEPS) Action 13 framework and EU Directive 2016/881. The Luxembourg Tax Authority (Administration des Contributions Directes – ACD) oversees the enforcement of CbCR regulations. These rules aim to enhance tax transparency, prevent profit shifting, and comply with international tax…
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How CbC reporting is presented in Luxemburg
Country-by-Country (CBC) reporting is a crucial aspect of international tax transparency, aimed at providing tax authorities with a comprehensive overview of multinational enterprises’ (MNEs) global operations. In Luxembourg, adherence to CBC reporting requirements is vital for companies operating within its jurisdiction. This article will outline the key aspects of CBC reporting in Luxembourg, helping businesses…
