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.