On 4 April 2017, the Latvian Cabinet of Ministers began their review of draft legislation to transpose into domestic law the amendments made to the EU Directive on administrative cooperation in the field of taxation (2011/16/EU) concerning the exchange of Country-by-Country (CbC) reports (Council Directive (EU) 2016/881). As an EU Member State, Latvia is required to implement CbC reporting requirements that apply for fiscal years beginning on or after 1 January 2016 with a standard MNE group …