country-by-country reports Current Affairs, GK & News

India, US to Sign Pact for Exchange of Country-By-Country Reports

Both India and the US will sign an agreement to facilitate the exchange of country-by-country (CbC) reports filed by the ultimate parent corporations based in either of the countries. Country-By-Country Reports Base Erosion and Profit Shifting (BEPS) has been at the focus of OECD to address Tax evasion. Multinational companies were accused of gaming tax ..

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