It is a year since the BEPS Action 13 final report was published. Julie Hughff and Andy Baillie (KPMG) examine the practical issues facing multinational groups.
It is a year since the OECD published its final report on BEPS Action 13 recommending that multinational groups be required to file a country by country (CBC) report with tax authorities.
During that time we have seen many countries adopt the OECD’s proposals (or at least signal their intention to do so). Action 13 also recommended that transfer pricing documentation be restructured in the format of a master file and local files but it is the CBC report that has attracted most attention with governments keen to demonstrate that they are taking action to promote tax transparency. Following the OECD’s lead in the spring of 2016 the EU proposed to go...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
It is a year since the BEPS Action 13 final report was published. Julie Hughff and Andy Baillie (KPMG) examine the practical issues facing multinational groups.
It is a year since the OECD published its final report on BEPS Action 13 recommending that multinational groups be required to file a country by country (CBC) report with tax authorities.
During that time we have seen many countries adopt the OECD’s proposals (or at least signal their intention to do so). Action 13 also recommended that transfer pricing documentation be restructured in the format of a master file and local files but it is the CBC report that has attracted most attention with governments keen to demonstrate that they are taking action to promote tax transparency. Following the OECD’s lead in the spring of 2016 the EU proposed to go...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
