Draft legislation for country-by-country reporting

In October 2015, the Organization for Economic Co-operation and Development (OECD) released its Base Erosion and Profit Shifting (BEPS) Action 13, focused on new country-by-country (CbC) reporting requirements for large multinational enterprises (MNEs). On July 29, 2016, the Department of Finance released draft legislation focused on aligning Canadian reporting requirements with those recommended by the OECD.

Find out more about our insight regarding the importance of this draft legislation. [ 86 kb ]