PwC

Tax & Legal

Tax & Legal

Public country-by-country reporting: EU Council paves the way for greater corporate transparency for big multinationals


The Council of the European Union adopted its position at first reading on the proposed directive on the disclosure of income tax information by certain undertakings and branches, commonly referred to as the public country-by-country reporting (CBCR) directive, paving the way for its final adoption. The adoption of the Council’s position follows a provisional agreement reached with the European Parliament in June. Continue reading