Country-by-Country_Reporting
Country-by-Country Reporting
Initiative against tax avoidance
Country-by-Country Reporting (or CbCR, sometimes referred to as Country-by-Country Report or CbC report) is an international initiative pioneered by the OECD.[1] It establishes a reporting standard for multinational enterprises (MNEs) with total consolidated group revenues > EUR 750 million,[2] containing key tax related information, including financial information[3] and information on employees and non-cash tangible assets. Under the OECD rules, the information is to be exchanged between tax authorities of different countries. However, the EU adopted legislation to make the Country-by-Country Reporting publicly available, starting the year after 2024.[4]