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Finland Introduces Public CbC Reporting Requirements

|Approved Changes|Finland
Finland

The Finnish parliament approved the Law Amending the Accounting Act in May 2024, which provides for the introduction of public Country-by-Country (CbC) reporting in line with Directive (EU) 2021/2101 (previous coverage), including a public CbC reporting threshold of annual consolidated revenue of EUR 750 million in each of the last two consecutive financial periods. The parliament also approve…

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