Additional CBCR guidelines by OECD

On 30 November 2017, the OECD released additional guidance on the implementation of country-by-country reporting.

The guidance addresses how to report amounts taken from financial statements prepared using fair value accounting; how to treat a negative figure for accumulated earnings in Table 1; how to treat mergers/acquisitions/de-mergers; how to treat short accounting periods; and the definition of total consolidated group revenue.

Guidance can be found by clicking this link:

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