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U.S. Treasury Finalizing Details of CbC Reporting Regs

|Proposed Changes|United States
United States

While speaking at the 28th annual Insurance Tax Seminar held by the Federal Bar Association in Washington on 2 June 2016, U.S. Treasury Deputy Assistant Secretary Robert Stack clarified Treasury's position on a number of issues for the final Country-by-Country (CbC) regulations, which is to be completed by 30 June. According to Stack, Treasury positions on some outstanding issues include:

  • CbC reports will be due with the annual tax return, although Treasury is considering possible ways to al…

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