EU & International Developments / All

On 25 May 2016, the EU Council formally adopted EU CbyC rules.

Our alert of 24 March 2016 outlined the contents of the draft text of a proposed Accounting Directive to effect public EU CbyC which was leaked to the media.

Sharon Burke takes stock of the fast changing developments to international taxation arising from the European Union’s reaction to the recommendations for international tax reform that emerged in the October 2015 reports from the Project on Base Erosion and profit Shifting (BEPS) by the Organisati

Mark Hood, KPMG Belfast, reviews the UK Budget on 16 March which sets out a business tax road map for the next four years but which also continued the trend of strengthening anti-avoidance provisions.

Ireland has introduced Country-by-Country (CbyC) reporting legislation in respect of accounting periods beginning on or after 1 January 2016, for multinational groups with consolidated turnover exceeding €750million.

On 5 October, the OECD released the final deliverables of its Base Erosion and Profit Shifting (BEPS) Action Plan. This represents one of the most significant changes to the international corporate tax landscape in many years

The European Commission (EC) announced on 28 January 2016 a well-flagged series of tax anti-avoidance proposals for review by European Union (EU) Member States.

The obligation to report country-by-country tax information to all jurisdictions is here for Irish multinational groups.

The obligation to report country-by-country tax information to all jurisdictions is here for Irish multinational groups. Alan Bromell reviews the provisions and concludes that the impact will be significant, with implications for tax compliance and reporting functions, transfer pricing policies, tax