The Swedish Tax Agency (Skatteverket) has published position guidance regarding the SEK 7 billion Country-by-Country (CbC) reporting threshold for shorter and longer fiscal years and the reporting obligations of companies that have become parent companies as a result of divestment or other restructuring. With respect to the length of the fiscal year, Sweden's position is that the SEK 7 billion reporting threshold is a fixed limit and is not adjusted for the duration of the fiscal year. For example, the consolidated turnover for a fiscal year that is shorter than 12 months is not increased to correspond to a 12-month...