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UAE Holds Workshop on CbC Reporting — Orbitax
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UAE Holds Workshop on CbC Reporting

|Approved Changes|Untd A Emirates
Untd A Emirates

United Arab Emirates Ministry of Finance reportedly held a workshop on 28 October 2019 to clarify certain aspects of the UAE's Country-by-Country (CbC) reporting requirements, which apply for reporting fiscal years beginning on or after 1 January 2019 ({News-2019-07-24/A/7-previous coverage}). Some of the key points include:

  • MNE groups with ultimate parent entities in the UAE are required to s…

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