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U.S Congressman Hopes for Passage of Legislation in 2016 Restricting the Exchange of CbC Reports

|Proposed Changes|United States
United States

During an event held in Washington D.C. on 23 February 2016 on the effects of the OECD BEPS Project, House Tax Policy Subcommittee Chair Charles W. Boustany Jr. R-LA stated that he hopes a bill introduced in December 2015 restricting the exchange of Country-by-Country (CbC) reports would pass in 2016. The bill (H.R. 4297) includes the requirement that the U.S. Treasury suspend the exchange of C…

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