On 8 June 2015, the OECD released the implementation package for the country-by-country (CbC) reporting requirements developed as part of Action 13 of the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project.

CbC reporting requirements will require MNEs to provide aggregate information annually, in each jurisdiction where they do business, relating to the global allocation of income and …