Directive (EU) 2021/2101 was published in the Official Journal of the European Union on 1 December 2021, amending Directive 2013/34/EU as regards disclosure of income tax information by certain undertakings and branches. Directive (EU) 2021/2101 provides for the introduction of the new public Country-by-Country (CbC) reporting requirements in the EU that were given final approval in the European Parliament in November. The Directive requires multinational enterprises with total consolidated …