Exchange of Country-by-Country Reports enables cross-border notification of suspected reporting errors with domestic enforcement follow-up. Where a Competent Authority has reason to believe a Reporting Entity resident in another jurisdiction submitted incorrect or incomplete Country-by-Country information or failed to file a CbC Report, it shall notify the other Competent Authority; the notified Competent Authority must take appropriate measures available under its domestic law to address the errors or non-compliance.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exchange of Country-by-Country Reports enables cross-border notification of suspected reporting errors with domestic enforcement follow-up.
Where a Competent Authority has reason to believe a Reporting Entity resident in another jurisdiction submitted incorrect or incomplete Country-by-Country information or failed to file a CbC Report, it shall notify the other Competent Authority; the notified Competent Authority must take appropriate measures available under its domestic law to address the errors or non-compliance.
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