OECD: Updated guidance on implementation of country-by-country reporting

A report to assist tax administrations and MNEs on implementation of CbC reporting under BEPS Action 13

A report to assist tax administrations and MNEs on implementation of CbC reporting

The Organisation for Economic Cooperation and Development (OECD) issued “Guidance on the Implementation of Country-by-Country Reporting: BEPS Action 13” [PDF 1.1 MB] (51 pages), a report to assist tax administrations and multinational enterprise (MNE) groups on the implementation and operation of country-by-country (CbC) reporting under base erosion and profit shifting (BEPS) Action 13.

The updated guidance will assist tax administrations and taxpayers on questions of interpretation to provide consistent implementation of the standard.

The updates concern:

  • Positive and negative figures in completing Table 1
  • Reporting permanent establishment information
  • Short accounting periods / long accounting periods


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