Insight

Global Tax Transparency

KPMG insights on tax transparency initiatives: CbC reporting, MDR, ESG reporting, and more

Action 13 of the OECD's BEPS initiative aims to enhance the tax transparency for tax administrations and other stakeholders by requiring large multinational enterprises to prepare an annual country-by-country (CbC) report. Since the 2015 release of the Action 13 report, additional tax transparency demands have surfaced, including a call for mandatory public CbC reporting, the mandatory exchange of information on reportable cross-border tax arrangements—for example, mandatory disclosure regimes (MDR) or EU DAC 6—as well as various organizations' recommendations to increase tax sustainability and governance reporting related to environmental, social, and governance (ESG) goals, among others.

You'll find insights from KPMG about these developments on this page.

 

TaxWatch Webcast: FASB Draft Income Tax Disclosures

Tax transparency related impacts of proposed reporting requirements

Tax transparency related impacts of proposed reporting requirements

TaxWatch Webcast: Pillar Two and Public Disclosures

Transitional CbC Reporting safe harbor rules and the impact on public disclosures

Transitional CbC Reporting safe harbor rules and the impact on public disclosures

Doubling Down on CbCR: The EU and Pillar Two

Podcast discusses reporting developments that have multinationals scrambling

Podcast discusses reporting developments that have multinationals scrambling

Select tax transparency developments from KPMG TaxNewsFlash

January 23, 2023 | KPMG report: Focus on CbC reporting data with Pillar Two minimum tax and public CbC reporting

TaxNewsFlash-BEPS | Access all alerts

KPMG Reports

  • Focus on country-by-country reporting (CbC) data with Pillar Two minimum tax and public CbC reporting

    January 23, 2023

  • EU Public Country-by-Country Reporting Implementation – where we are

    November 22, 2022

KPMG TaxRadio podcasts

How KPMG can help

KPMG Country-by-Country Risk Analyzer
The KPMG Country-by Country Risk Analyzer can help multinational enterprises (MNEs) analyze their CbC reporting positions to identify potential risk areas with each taxing jurisdiction an MNE operates.
KPMG Total Tax Payments Global Reporter
Whether you are crafting a report for internal consumption only or a report that can be publicly posted on your investor website, our tool allows users the ability to export the data into a document that can be customized and edited and is also capable of being updated in real time as the data changes.

 

 

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