Country-by-Country Reporting deadline extended for certain constituent entities to alleviate genuine filing hardship caused by reporting accounting year alignment. The Board extended the timeframe for furnishing Country-by-Country Reports by constituent entities, adopting a twelve-month standard period from the end of the reporting accounting year and a six-month period where a systemic failure in the parent's jurisdiction is notified; as a one-time administrative measure, the Board extended the filing deadline for constituent entities for reporting accounting years ending up to February 28, 2018, to March 31, 2019, to address genuine hardship caused by calendar-year reporting and lack of exchange arrangements.
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Country-by-Country Reporting deadline extended for certain constituent entities to alleviate genuine filing hardship caused by reporting accounting year alignment.
The Board extended the timeframe for furnishing Country-by-Country Reports by constituent entities, adopting a twelve-month standard period from the end of the reporting accounting year and a six-month period where a systemic failure in the parent's jurisdiction is notified; as a one-time administrative measure, the Board extended the filing deadline for constituent entities for reporting accounting years ending up to February 28, 2018, to March 31, 2019, to address genuine hardship caused by calendar-year reporting and lack of exchange arrangements.
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