The European Commission has launched a public consultation on a draft Commission Implementing Regulation laying down a common template and electronic reporting formats for Public Country-by-Country (CbC) reporting in the EU. The common reporting template is provided in Annex I to the regulation and includes the following four sections:
- Section 1 – General information
- Section 2 – Overview of allocation of elements on a country-by-country basis
- Section 3 – List of subsidiaries and activities …