On 13 September 2018, the OECD published additional guidance on Country-by-Country (CbC) reporting.  The additional guidance includes: New guidance on the treatment of dividends for purposes of profit (loss) before income tax, income tax accrued (current year), and income tax paid (on cash basis) in Table 1 of the CbC report; New guidance on the use of shortened amounts in preparing Table 1, which is not allowed; Updated guidance on the treatment of major shareholdings in terms of the number of employees to be reported where an MNE uses proportional consolidation; and A new table summarizing the existing guidance on mergers,...