The Belize International Financial Services Commission (IFSC) published a public notice dated 15 May 2020 announcing that Belize introduced Country-by-Country (CbC) reporting requirements by way of the Mutual Administrative Assistance in Tax Matters (Amendment) Act 2020, which was published on 25 January 2020. The requirements were regulated by way of the Mutual Administrative Assistance in Tax Matters (Automatic Exchange of Country-by-Country Reports) Regulations 2020, published 18 April 2020. Under the Act, MNE groups with consolidated group revenue of USD 850 million or more that have an ultimate parent entity resident in Belize will have to file a CbC report within...