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11 July 2016 — Publication

Concrete proposal for public country-by-country reporting on disclosing tax information

Concrete proposal for public country-by-country reporting on disclosing tax information

Currently, there are many European and international initiatives that propose public Country-by-Country Reporting (CbCR) of tax relevant information for multinational companies.

We have created a template that outlines the basic information for such companies to disclose when issuing a public country-by-country report. Our proposed template aims for companies to provide useful information required by stakeholders whilst minimising the costs of preparation and the risk of disclosing economically sensitive information.

This fits in the Federation’s efforts to constructively contribute to the international tax debate and help restore public trust in the system.