Tax & Accounting Blog

OECD Holds Second Round of Tax Talks

OECD Holds Second Round of Tax Talks

On July 12, 2016, the OECD Centre for Tax Policy and Administration held its second round of tax talks, which included details regarding the BEPS discussion drafts, recent country-by-country reporting (CbCR) guidance, and standardized XML Schema for the exchange of tax rulings and the Common Reporting Standard (CRS). The speakers included Pascal Saint-Amans, … Read More

Part 3:  Additional Data Elements Now Needed to Generate CbC Reports in the OECD XML Schema

Part 3: Additional Data Elements Now Needed to Generate CbC Reports in the OECD XML Schema

On March 22, 2016, the OECD published its standardized electronic format for the exchange of Country-by-Country (“CbC”) Reports between Competent Authorities, including the CbC extensible markup language (“XML”) schema and related User Guide. Both documents were developed to assist the speedy and consistent implementation of CbC Reporting with a view to accommodating the electronic … Read More