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Issues Remain on Implementation of Public CbC Reporting in the EU

|Proposed Changes|European Union
European Union

According to recent reports, issues remain between the European Parliament and the European Council on the implementation of Public CbC reporting during recent a meeting that also included the European Commission. Outstanding issues include:

  • Aggregation of data, which the Council supports for all non-EU countries, while the Parliament wants data disaggregated for all countries;
  • Reporting of turnover, which the Parliament wants separation for net turnover and turnover with related parties; an…

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