background image
background image

CbC Compliance and Reporting

Streamline your CbC Reporting Process
Talk to Sales Find out more


Simplify your Country-by-Country compliance and automate your Safe Harbor analysis for Global Minimum Tax.

Orbitax CbC Compliance and Reporting is a comprehensive software solution offering automation and simplification for complying with the OECD BEPS Action 13 Country-by-Country Reporting Requirements, as well as automating Safe Harbor Analysis for the OECD Pillar Two Global Minimum Tax.

Track CBC reporting requirements globally.

Generate Country-by-Country Reports and Notifications in the specific XML or other format required by each jurisdiction.

Share Country-by-Country Safe Harbor data directly with our Global Minimum Tax Solution.

Customer Benefits

Key Features Benefits for our clients
Comprehensive software solution for complying with OECD BEPS Action 13 Reporting Requirements.Ensures businesses meet global tax authority requirements.
Automates and simplifies the compliance process.Enhances efficiency for multinational organizations.
Tracks reporting requirements globally and generates Country-by-Country Reports and Notifications in required electronic formats.Avoids late, missed, incomplete, and inaccurate filings.
Assists with electronically filed Local and Master File requirements.Provides a documented trail for compliance efforts during audits or inquiries.
Generates necessary Appendices for written Local File and Master Files.Simplifies the preparation process for essential components of reports.
Facilitates accurate and timely compliance.Ensures consistency in CbCR process across multiple jurisdictions.
Provides up-to-date and tailored global BEPS research.Keeps businesses informed on local legislative rules, timings, and requirements.
Tracks due dates for CbC reports, notifications, Transfer Pricing Master Files, and Local Files.Helps businesses stay organized and meet deadlines.
Proactively manages CbC risk with built-in analytics.Identifies potential tax risk indicators and allows for proactive risk management.
Streamlines CbC reporting by automatically allocating tax structures and jurisdictional rules.Maintains quality control and reduces manual effort.
Generates up-to-date XML files ready for filing.Simplifies the reporting process and ensures compliance with filing requirements.
Allows exports of CbC filing process, CbC Tables, and more in various formats.Provides flexibility in sharing and analyzing data.
Uses proprietary Data Extractor to bring in data from existing trial balances, accounts information, and ERP systems.Streamlines data collection and calculation process.
Enables direct submission of filings to tax authorities and creation of secondary filings.Simplifies filing process and ensures compliance with multiple jurisdictions.
Provides access to compliance module with detailed information on entities and jurisdictions.Improves efficiency and effectiveness of tax department.
Includes collaboration and inclusive tools such as a drive, task manager, and contacts section.Facilitates collaboration with internal and external stakeholders.
Integrated with smart dataset for interchange of CbC data with other Orbitax solutions.Enhances integration and data sharing capabilities.
SOC 1 and SOC 2 compliantAssures that your information is secure.

Country-by-Country Glossary

Abbreviation Description
CAAA CAA or Competent Authority Agreement is a bilateral or multilateral agreement between countries, facilitating the automatic exchange of CbC reports between tax authorities.
CbC FilingsCbC filings are the filings of Country-by-country reports.
CbCrCbCr or Country-by-Country Reporting are the rules based on Action 13 of the OECD's Base Erosion and Profit Shifting (BEPS) Plan.
CbCr NotificationA CBCr notification is a mandatory notification about the reporting entity before the end of the reporting fiscal year.
CbCr ReportThe Country-by-Country report includes visibility into revenue, income, tax paid and accrued, employment, capital, retained earnings, tangible assets and activities.
CbC Reporting EntityA CBC Reporting Entity is a CBC reporting parent or a member of a CBC reporting group with annual revenue for the preceding annual accounting period of EUR 750 million.
CbC XML SchemaA standardised electronic format for the exchange of CbC Reports between jurisdictions published by the OECD.
SurrogateA surrogate for CBCr purposes is a substitute reporting entity filing on behalf of the ultimate parent.
UPEThe UPE or “Ultimate Parent Entity” is typically the entity that prepares the Consolidated Financial Statements under accounting principles.

Powerful Collaboration Tools

Add any Orbitax solution license to receive a host of complimentary powerful tools to integrate with your daily workflow...
Dashboard & Analytics

Get an overview of various data elements being maintained on the Orbitax platform including footprint data and data from the Orbitax Tax Rules & Rates Database. Powered by Microsoft Power BI.

Contacts & Chat

Import your list of contacts into Orbitax, assign roles and permissions, and chat with individuals or create custom groups to discuss data population, filing obligations and anything in between.

Video Meetings

Use the built-in Orbitax Meet feature to start or schedule a video meeting with members from your Orbitax Contacts list. Arrange meetings, share your screen and save meeting recordings to the Orbitax Drive.

Document Repository

Secure document storage and management for all your tax documentation, files and meeting notes. Boost your file storage premium features available with the Orbitax Drive.

Task Manager

Assign tasks and timelines to various stakeholders, including checklists, attachments, comments, custom alerts and more. Monitor and manage all tasks from the powerful Task Manager dashboard.

Activity Tracker

Automatically monitors and displays all activity across your Orbitax projects, including when users log in, change/upload data, along with timestamps and ability to generate comprehesive audit reports.