A decree relating to the application of country-by-country (CbC) reporting has been approved by the French government. The decree (Decree N°2016-1288 of 29 September 2016) provides insight into the practical application of CbC reporting and introduces into French regulations certain provisions included in the OECD’s base erosion and profit shifting (BEPS) Action 13.
The decree provides for the following guidance.
For more information, contact a tax professional with a Fidal* associated with KPMG’s Global Transfer Pricing Services group:
Kate Noakes | Kate.Noakes@fidal.com
Olivier Kiet | Olivier.Kiet@fidal.com
Nadia Sabin | Nadia.Sabin@fidal.com
Gilles Vincent du Laurier | Gilles.Vincentdulaurier@fidal.com
Anne-Laure Goetzinger | Anne-laure.Goetzinger@fidal.com
* Fidal is a French law firm that is independent from KPMG and its member firms.
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