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UK Public CbC Reporting Amendment Tabled in Parliament

|Proposed Changes|United Kingdom
United Kingdom

According to recent reports, a bill has been table in the UK Parliament that would amend the 2016 Finance Bill to introduce public Country-by-Country (CbC) reporting requirements. The requirements would go further than the European Commission proposal for public CbC reporting in that information for all jurisdictions would need to be published, while under the Commission proposal the information for all non-EU and non-tax haven jurisdictions would be aggregated ({News-2016-04-13/P/2- previous…

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