The Czech Ministry of Finance has launched a public consultation on draft legislation (Czech language) for the introduction of Country-by-Country (CbC) reporting requirements in line with Action 13 of the OECD BEPS project, and the requirements included in Council Directive (EU) 2016/881 on the exchange of CbC reports ({News-2016-06-07/A/2- previous coverage}). The consultation runs through 30 August 2016, after which final draft legislation will be submitted to parliament for approval.
As …