Country-Specific Information on Country-by-Country Reporting Implementation
The Inclusive Framework on BEPS has released information on the domestic legal frameworks for Country-by-Country (CbC) reporting around the world. This provides a high level snapshot for tax administrations and MNE Groups as to the first reporting periods, availability of surrogate filing including in the parent jurisdiction, and local filing. The table below contains the information received from members so far and will be updated as Inclusive Framework members continue to finalise their CbC reporting frameworks.
Last modified 16 October 2017
1 Colombia: The obligation to file for such taxable year is conditioned to the issuance of secondary law.
2 Israel: To be confirmed
3 Japan provides transition relief for the fiscal year commencing between 1 April 2016 and 31 March 2017 except the case of Systemic Failure.
4 Switzerland: Draft legislation has been approved by the Federal Parliament on 16 June 2017. It is expected to enter in force on 1 December 2017.
5 Switzerland: The Swiss Federal Council adopted the Ordinance on the International Automatic Exchange of Country-by-Country Reports of Multinationals on 29 September 2017. The Ordinance will come into force on 1 December 2017.
6 Turkey: In order to start the implementation, secondary regulations have to be in place, drafts are published but they are not officially issued.