Public CbCR: first obligations as early as 2026
Public country-by-country reporting (Public CbCR) introduces a new obligation for large multinational groups and standalone undertakings to publish a report on income tax information. Unlike the ‘traditional’ CbCR intended for the tax authorities,…
Public country-by-country reporting quickly approaching - Czech companies running out of time
Major Czech corporate groups and Czech companies operating within large multinational corporate groups are facing a new challenge. They will have to disclose sensitive financial information under the EU Directive 2021/2101 as early as 2025. Until…
Companies to disclose income tax payment information
The European Commission has published a draft directive on the mandatory disclosure of information on income tax payments in individual member states and non-cooperative jurisdictions (public country-by-country reporting). The duty will apply to…
Country-by-Country Reporting data publicly available?
Country-by-Country Reporting (CbCR) is one of the pieces of the puzzle that provides a view of a multinational corporation’s transfer prices. Rather than looking at individual entities, CbCR, fairly truthfully depicts how the group operates in…