The government of Guernsey has launched a public consultation on the implementation of Country-by-Country (CbC) reporting requirements based on Action 13 of the OECD BEPS Project. As a member of the Inclusive Framework for the global implementation of the BEPS Project, Guernsey is committed to implementing the minimum BEPS standards, which include CbC reporting.
The consultation itself is quite general. It provides the OECD Model legislation for the implementation of CbC reporting, and requ…