The Netherlands has published in the Official Gazette the law to transpose the amendments made to the EU administrative cooperation Directive (2011/16/EU) concerning the exchange of Country-by-Country (CbC) reports as per Council Directive (EU) 2016/881. In addition, the law provides for increased CbC non-compliance penalties. Since the Dutch CbC reporting requirements were already generally in line with the EU requirements, the amendments are relatively limited. Changes include: Setting out the basic provisions for automatic CbC exchange with other EU Member States, including that the reports will be exchanged within 15 months of the close of the fiscal year (18 months...