Updated OECD guidance on country by country reporting (CBCR) and common errors
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Updated OECD guidance on country by country reporting (CBCR) and common errors
Updated OECD guidance on country by country reporting (CBCR) and common errors
Tue 03 Dec 2019
The OECD has updated its guidance on CBCR (see here). The updated guidance includes new information on:
- The treatment of dividends
- Use of shortened or rounded amounts in table 1
- Deemed listing provisions
- Information on short/long accounting periods
- Information on sources of data for table 3
- Common errors by MNEs
- Local filing requirements
There is also a document containing common errors made by multinational enterprises when dealing with CBCR (see here).
For a further discussion of the CBCR requirements for your business, please get in touch with a member of the Mazars International Tax team.
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