Belgian Policy Note Issued on the Implementation of BEPS Related Measures including CbC Reporting

According recent reports, Belgium's Minister of Finance has issued a policy note on the country's plans to combat tax fraud, which includes several measures based on outcomes of the OECD BEPS Project. Key measures being planned include:

• The introduction of Country-by-Country (CbC) reporting and transfer pricing documentation requirements in line with the guidance developed as part of Action 13, including an annual group revenue threshold of EUR 750 million for CbC reporting and a reportable …