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What information needs to be disclosed on the CbC reporting template?

According to the template, MNEs must report annually and for each tax jurisdiction in which they do business:

  • The amount of revenue, profit before income tax, and income taxes paid and accrued;
  • Total number of employees, capital, retained earnings, and tangible assets in each tax jurisdiction; and
  • Finally, MNEs must identify the business activities of each entity within the group doing business in each tax jurisdiction.

Please remember that the Tax Matters provides information for educational purposes, not specific tax or legal advice. Always consult a qualified tax or legal advisor before taking any action based on this information.

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Bob Norton
Specialist Leader

Bob Norton, Specialist Leader at Deloitte, was formerly Chief Income Tax Officer in the Chief Tax Office (CTO) of Vertex, Inc. Bob has more than 30 years of corporate tax, accounting and technology experience from both public accounting and global industry. Prior to working at Vertex, Bob held several senior financial management positions running global tax, treasury, and merger and acquisition functions for Siemens' Medical IT division. Bob is a noted author and speaker and sits on the Editorial Advisory Board of Financial Executives magazine and is a member of FEI, the Tax Council, AICPA, PICPA, and the Association for Computers and Taxation.  He is a CPA and received a B.S. in Accounting from the Pennsylvania State University and an M.S. in Taxation with honors from Villanova University.

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