On 6 August 2016, the UK House of Commons announced the approval without division of Amendment 145 concerning public disclosure of Country-by-Country (CbC) reports. A previous public CbC reporting measure was defeated in June 2016, but continued campaigns for transparency have pushed the revised amendment through. The measure amends the pending Finance Bill 2016 to allow HM Treasury to require CbC reports as part of the tax strategy disclosures, which large businesses will be required to publish for the financial year beginning after the Finance Bill 2016 receives Royal Assent ({News-2016-06-29/A/4- previous coverage}). It is important to note, however, that...