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Blogs from June 2016


Country by Country Reporting Update

Kash Mansori | June 14, 2016

The trickle of countries incorporating Country-by-Country Reporting (“CBCR”) requirements into their tax codes has grown into a steady stream. In the past month upcoming legislative or administrative provisions pertaining to CBCR were announced in Austria, Belgium, Germany, Sweden, Switzerland, and Bermuda, the European Parliament approved new CBCR legislation governing the EU, and it was revealed that China would formally establish its own CBCR requirements later this year. Meanwhile, the IRS is expected to release its own draft CBCR requirements by the end of June...