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Belgian Chamber of Representatives Approves Public CbC Reporting

|Approved Changes|Belgium
Belgium

On 21 December 2023, the Belgian Chamber of Representatives approved the law for the introduction of public Country-by-Country (CbC) reporting as required by Directive (EU) 2021/2101 (previous coverage). The law is in line with the Directive, including a public reporting threshold of annual consolidated revenue of EUR 750 million in each of the last two consecutive financial years. The report must be published on the website of the reporting company within 12 months following the end of the …

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