The OECD has updated its guidance on the implementation of CbC reporting (BEPS Action 13) with additions concerning fair value accounting, treatment of negative figures for accumulated earnings, treatment of mergers/acquisitions/de-mergers and short accounting periods, and the definition of total consolidated group revenue.
The OECD has updated its guidance on the implementation of CbC reporting (BEPS Action 13) with additions concerning fair value accounting, treatment of negative figures for accumulated earnings, treatment of mergers/acquisitions/de-mergers and short accounting periods, and the definition of total consolidated group revenue.
