Public Country-by-Country Reporting: Opening Pandora’s Box

When the OECD’s country-by-country reporting framework first surfaced, tax authorities took pains to ensure that, to the extent possible, taxpayer information was used appropriately and kept confidential. But not long after, the EU raised the possibility of public country-by-country reporting for multinational groups with EU operations. After much debate and a brief hiatus, EU public reporting has reappeared—not only on the horizon, but just around the corner. How did we get here and where is this going (and how quickly)? Vinod Kalloe, head of International Tax Policy from KPMG in the Netherlands, and John DerOhanesian, country-by-country reporting lead for KPMG in the United States, join Kim Majure and Kortney Wallace to discuss.

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