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Finland Issues Release on Changes in the CbC Reporting Schema to Version 2.0

16 December 2020

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Approved Changes

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Finland

The Finnish tax authority published a release on 4 December 2020 concerning changes in the Country-by-Country (CbC) reporting XML schema to Version 2.0. The release notes that the tax administration has updated its CbC reporting guidelines to comply with version 2.0 of the XML schema, which must be followed for the submission of CbC report XML files through the Ilmoitin.fi service with effect from 26 January 2021. In addition, any corrections must be made according to Version 2.0 of the XML schema from 26 January 2021, including for CbC reports submitted prior to that date using Version 1.0. With regard...