The Swedish parliament approved Government Bill 2016/17: 47 on 1 March 2017, which provides for new transfer pricing documentation requirements in line with BEPS Action 13 and Council Directive (EU) 2016/881, including Master file, Local file, and Country-by-Country (CbC) Reporting. The legislation will enter into force on 1 April 2017. CbC Reporting The main points of Sweden's new CbC reporting requirements include: The CbC reporting requirements apply for fiscal years beginning on or after 1 January 2016 for MNE groups with consolidated revenue in the previous year meeting a SEK 7 billion threshold; The requirement to submit a CbC primarily...