The Finnish tax authority has published updated guidance concerning Country-by-Country (CbC) reporting and notification submission obligations. Finland's CbC reporting requirements apply for fiscal years beginning on or after 1 January 2016 for MNE groups meeting a EUR 750 million annual consolidated revenue threshold ({News-2016-12-02/A/2- previous coverage}).
The guidance includes that the CbC report is to be submitted electronically within 12 months after the end of the fiscal year using …