High-turnover multinationals will be subject to new reporting obligations: In future, they are to prepare an income tax information report. The aim is to obtain transparency on country-specific income tax payments. The planned innovation goes back to the Country-by-Country Reporting Directive. At the beginning of December 2022, the government draft of the corresponding German implementation law was presented. With regard to the content of the report, companies can fall back on the information already required under § 138a AO. So far, however, this information only has to be submitted to authorities.

Finally, we inform you about the agreement of the negotiators of the European Council and the European Parliament on the contents of the regulation on EU Green Bonds ("EuGB").
 

Here you can find an overview of all topics of the past Accounting News (Download PDF, 0.5 MB).