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Luxembourg enacts legislation introducing public country-by-country reporting for multinational enterprises

|Tax Alerts, Information Reporting, Legis ...|Luxembourg
Luxembourg

  • The Luxembourg Parliament recently approved the law implementing the European Union (EU) public country-by-country reporting (CbCR) Directive into domestic legislation.
  • The new reporting obligations will apply to financial years starting on or after 22 June 2024.
  • Board members are responsible for properly implementing the new rules.

On 19 July 2023, the Luxembourg Parliament adopted the law (Law) tra…

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