Country-by-Country reporting for Private Equity and Real Estate

Country-by-country reporting obligations as implemented under action 13 of the BEPS project requires sizeable and global businesses (with consolidated revenue of more than 750 Mio EUR) to report at the ultimate parent level certain financial elements aggregated country by country to their local tax authority. As a second step the CBC reports are to be exchanged with tax authorities where the group entities are located. Such mapping shall allow local tax authorities to receive global information on a multinational group when their conduct local tax audits of affiliates with a focus on transfer pricing.

We provide beyond the mere compliance element of preparing and filing CBC reports in Luxembourg under XML format thanks to our globally developed tools (CDX and CDX smart) also review and analysis of such reports. The review shall our clients to identify areas where a special focus in terms of transfer pricing documentation and analysis would be required.