OECD releases further guidance on Country-by-Country reporting (BEPS Action 13)
On 6 September 2017 the OECD's Inclusive Framework on BEPS has released two sets of guidance to give greater certainty to tax administrations and MNE Groups alike on the implementation and operation of Country-by-Country (CbC) Reporting (BEPS Action 13). Existing guidance on the implementation of CbC Reporting has been updated and now addresses the following issues: 1) the definition of revenues; 2) the treatment of MNE groups with a short accounting period; ...