Transfer Pricing in Canada, the United States and around the World

Transfer Pricing  in Canada, the United States and around the World

OECD BEPS Action 13 Updated Guidance on Country-by-Country Reporting

On July 18, the OECD issued updated guidance on country-by-country reporting which is related to BEPS action #13.

The OECD explains:

“The Inclusive Framework on BEPS has released additional guidance to give certainty to tax administrations and MNE Groups alike on the implementation of Country-by-Country (CbC) Reporting (BEPS Action 13).

The additional guidance addresses two specific issues: how to treat an entity owned and/or operated by two or more unrelated MNE Groups, and whether aggregated data or consolidated data for each jurisdiction is to be reported in Table 1 of the CbC report.

The complete set of guidance related to CbC reporting issued so far is presented in the document released today. This will continue to be updated with any further guidance that may be agreed.”

This updated guidance on country-by-country reporting is available here.

It is also available in French here.

The updated guidance on country-by-country reporting has been added to the complete library on BEPS and Transfer Pricing which is available here.

Robert Robillard, Ph.D., CPA, CGA, Adm.A., MBA, M.Sc. Econ., M.A.P.
Senior Partner, RBRT Fiscalité / Tax (RBRT inc.)
514-742-8086
robertrobillard@rbrt.ca
rbrt.ca

The information in this blog post is general information only. Data and information come from sources believed to be reliable but accuracy cannot be guaranteed. RBRT Inc., RBRT Concepts Inc. or the author are not responsible or liable for any error, omission or inaccuracy in such information. RBRT Inc., RBRT Concepts Inc. or the author are not responsible or liable with respect to the content appearing on external sources nor regarding the language of this content. The opinions expressed in this blogpost are those of the author. Readers should seek advice from RBRT Inc. as required.

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À propos de 
Robert Robillard, Ph.D., CPA, CGA, Adm.A., MBA, M.Sc. Econ., M.A.P. is Founder and Senior Partner at RBRT Fiscalité / Tax (RBRT Inc.), an accounting firm which specializes in Canadian and international taxation. Robert is also a lecturer in several tax training seminars at RBRT Concepts inc. Robert is a former Officer of the Canadian Competent Authority and a former Case Manager at the Canada Revenue Agency. Robert bas been involved in taxation for over 14 years. Robert can be reached by email at robertrobillard@rbrt.ca or by phone at 514-742-8086.