A draft report from the European Parliament Committee on Economic and Monetary Affairs has been published that includes several proposed amendments to the proposed directive for public Country-by-Country (CbC) reporting in the EU. Proposed amendments include: Removing the general condition that reported information "should be limited to what is necessary to enable effective public scrutiny, in order to ensure that disclosure does not give rise to disproportionate risks or disadvantages"; Using the EU Accounting Directive threshold for large companies (EUR 40 million revenue, 250 employees, EUR 20 million balance sheet) as the reporting threshold for ultimate parents resident in the...