Tax Transparency: Why Public Country-by-Country Reporting is an Important Development
By Effie Adamidou, Partner, Head of Tax and Legal, KPMG in Greece | Business Partners, Jan-Feb, 2024
In the past years we have experienced significant changes in tax transparency requirements both in the international and local tax environment. The introduction of public country-by-country reporting is one of the latest tax transparency requirements. The new obligation for public country-by-country reporting (Public CbCR) was introduced by EU Directive 2021/2101 which was transposed in…