The Trinidad and Tobago Senate is considering the Base Erosion and Profit-Shifting Inclusive Framework (Country-by-Country) Reporting Bill 2023, which was introduced on 24 November 2023 and provides for the introduction of CbC reporting requirements in line with BEPS Action 13. The CbC reporting requirements will apply from the day to be fixed by presidential proclamation for MNE groups meeting an annual consolidated revenue threshold of at least the equivalent of USD 850 million in Trinidad…