Country-by-country reporting; text of regulations | KPMG | GLOBAL
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Proposed regulations: Country-by-country reporting; text of regulations

U.S. regulations on country-by-country reporting

The Treasury Department and IRS late this afternoon released for publication in the Federal Register proposed regulations (REG-109822-15) that would require annual country-by-country by U.S. persons that are the ultimate parent entity of a multinational enterprise (MNE) group.


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The proposed regulations would apply for U.S. persons that are the ultimate parent entity of a MNE group that has annual revenue for the preceding annual accounting period of $850 million or more.


Read text of the proposed regulations [PDF 252 KB] on country-by-country (CbC) reporting. These regulations are scheduled to be published in the Federal Register on December 23, 2015.

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