Germany's Ministry of Finance has reportedly issued draft legislation for the implementation of Country-by-Country (CbC) reporting requirements and other BEPS-related measures.
The CbC reporting requirements are in line with the guidelines developed under Action 13 of the OECD BEPS project, and the requirements included in the recently adopted EU directive for the exchange of CbC reports ({News-2016-05-26/A/2- previous coverage}). Under the draft legislation, the CbC reporting re…