03.11.2023 - Country-by-country reporting for multinational enterprises in Luxembourg
With the ambition of increasing the development of corporate transparency, the European Parliament released on 24 November 2021 the directive 2021/2101 introducing a new reporting tool for multinational enterprises (“MNEs”).
MNEs in the scope of the public country-by-country reporting (“Public CbCR”) will have to publicly disclose certain information such as the corporate tax income they pay by country.
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