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20 July 2017

OECD releases update of Guidance on the Implementation of Country-by-Country Reporting

The Organisation for Economic Co-operation and Development (OECD) released an updated version of its Guidance on the Implementation of Country-by-Country Reporting (the Guidance) on July 18. This update addresses two new questions: first, the Guidance addresses whether aggregated or consolidated data should be reported where there is more than one constituent entity in a jurisdiction; and, second, the treatment of an entity owned and/or operated by more than one unrelated MNE Groups, such as joint ventures. The Guidance is available in English and French, and soon will be available in German.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2017-1173

Document ID: 2017-1173

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