Legislators from several jurisdictions taking part in the recent Global Tax Transparency Summit held in the UK have signed a so-called concordat on greater transparency for the international tax system. The concordat, which is an open letter to governments, includes a call for public Country-by-Country reporting. In particular, the concordat states: "The OECD BEPS project and the EU Commission 'country-by-country reporting' initiative will lay the foundations of a modern international tax framework under which profits are taxed where economic activity and value creation occur. But we want to enable the citizen to have access to this information. We, therefore, urge...