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U.S. Treasury Considering Earlier CbC Reporting Deadline

|Proposed Changes|United States-OECD
United States-OECD

According to recent reports, U.S. Treasury Attorney Advisor Brian Jenn has stated that the Treasury may implement an earlier filing deadline for country-by-country (CbC) reports than the deadline provided for in the OECD BEPS Action 13 Guidelines. Under the guidelines, the parent entity of a multinational group would be required to file the initial CbC report by 31 December 2017, in respect of …

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