CbCR, or Country-by-Country Reporting, is a requirement for large multinational enterprises (MNEs) to provide tax authorities with aggregate financial and operational data for each jurisdiction where they do business. Introduced by the OECD as part of BEPS Action 13, CbCR helps tax administrations assess high-level transfer pricing and identify risks of Base Erosion and Profit Shifting (BEPS) by revealing the global allocation of an MNE's income, taxes, and economic activity.
All large multinational enterprises (MNEs) with consolidated threshold 750 Million Euro or more are required to prepare a country-by-country (CbC) report with aggregate data on the global allocation of income, profit, taxes paid and economic activity among tax jurisdictions in which they operate.
We can assist you with:
- CbCR Reporting.
- CbCR Consultation.
- Record Keeping/Data Storage.
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