EU Public Country-by-Country Reporting
New disclosure requirement on income tax information in Germany - For whom? And as of when?
In order to increase transparency and control of income tax information of large multinational companies, the Public Country-by-Country Reporting (CbCR) EU Directive published by the European Commission has now been finally implemented in Germany with Implementation Act of June 19, 2023. The implementation will result in new disclosure obligations for certain companies. We inform you about background, obligations and recommended actions.