OECD consultation on CbC Reporting
As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS , the OECD has released a public consultation document on the review of Country-by-Country Reporting (BEPS Action 13).
Action 13 of the BEPS Project established a three-tiered standardised approach to transfer pricing documentation, including a Country-by-Country Report (CbC report). The BEPS Action 13 report also included a requirement that a review of the CbC reporting minimum standard be completed by the end of 2020.
The public consultation document can be accessed at this link.
Stakeholders are invited to submit comments in writing by 6 March 2020. Comments received will be published on the OECD website.