BEPS: Are CbC Surrogate a Reporting Trap?

Yes, according to Strategizing International Tax Best Practices (by Keith Brockman).

In a recent blogpost, Mr. Brockman highlighted with respect to BEPS Country-by-country (CbC) reporting:

“A review of CbC legislative actions by different countries reveals that such legislation will be inconsistent and will require the multinational to file separate CbC reports in various countries, irrespective of its choice of appointing a surrogate country that has an extensive tax treaty network with exchange of information provisions.”

See Mr. Brockman full analysis here : http://strategizingtaxrisks.com/2016/01/31/cbc-surrogate-a-reporting-trap/

Robert Robillard, Ph.D., CPA, CGA, MBA, M.Sc. Econ.
Senior Partner, DRTP Consulting Inc.
514-742-8086; robertrobillard “at” drtp.ca
www.drtp.ca

The convergence of DRTP Consulting’s tax, accounting and economics expertise makes a difference. The information in this blog post is general information only. Data and information come from sources believed to be reliable but complete accuracy cannot be guaranteed. DRTP Consulting Inc. or the author are not responsible or liable for any error, omission or inaccuracy in such information. The opinions expressed in this blogpost are those of the author. Readers should seek advice and counsel from DRTP Consulting Inc. as required.