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Iceland Publishes CbC Notification Form

|Approved Changes|Iceland
Iceland

Iceland Directorate of Internal Revenue has published the form for the Country-by-Country (CbC) reporting notification. Iceland CbC reporting requirements apply for fiscal years beginning on or after 1 January 2017 for MNE groups meeting an ISK 100 billion consolidated revenue threshold ({News-2017-01-03/A/4-previous coverage}). In general, notification is expected by the end of the reporting fiscal year, although for the first year, notification should reportedly be submitted by 20 January 2…

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