Who we work with...

Why Country-by-Country Reporting (CbCR) Matters?

CbCR promotes transparency and ensures profits are taxed where economic substance exists. Accurate reporting builds trust, reduces the likelihood of audits, and strengthens a company’s reputation. It allows early identification of discrepancies before they trigger regulator attention or reputational risk.

Country-by-Country Reporting For CFOs

For CFOs, CbCR provides visibility over global performance, effective tax rates, and compliance exposure. It allows financial teams to align tax outcomes with operational results, ensuring consistency between consolidated accounts, local filings, and regulatory reports across jurisdictions.

Country-by-Country Reporting For Tax Managers

Tax Managers rely on CbCR to reconcile data between entities and ensure accuracy. They verify that financial information aligns with local files and audit trails. Strong validation, data ownership, and review controls safeguard transparency and ensure confidence during authority reviews.

For CEOs, transparent CbCR showcases responsible corporate conduct and sound governance. It demonstrates that the company contributes fairly to public finances, reinforces investor confidence, and strengthens global credibility with regulators, policymakers, and key stakeholders.

Country-by-Country Reporting For CEOs

Country-by-Country Reporting (CbCR) OECD Guidelines Reference

The OECD Transfer Pricing Guidelines (2022) and BEPS Action 13 require multinational groups exceeding €750 million in consolidated revenue to submit annual Country-by-Country Reports. These reports must present revenues, profits, taxes paid, employees, and key business indicators per jurisdiction. The OECD framework promotes transparency, comparability, and consistency across tax administrations, allowing authorities to assess risk and ensure profits are aligned with value creation.

Country-by-Country Reporting (CbCR) Requirements

CbCR requires careful data management, validation, and consistency across all jurisdictions. The following requirements ensure compliance, accuracy, and credibility in global reporting.

Accurate Data Reconciliation

All reported figures must reconcile with consolidated financial statements and local accounts. Regular reconciliations across systems reduce discrepancies and audit exposure. Validation procedures confirm that tax, profit, and employee data are reliable, consistent, and aligned with OECD reporting expectations globally.

Comprehensive Entity Inclusion

CbCR must include all subsidiaries, branches, and permanent establishments that meet the reporting threshold. Excluding entities causes compliance gaps. Maintaining an updated legal entity register ensures accurate jurisdictional coverage and reflects the company’s complete international footprint annually.

Key metrics such as revenue, profit, and tax paid must follow OECD definitions across every jurisdiction. Using consistent criteria enhances comparability and reliability. Clear documentation of assumptions ensures that data remains uniform, transparent, and defensible under worldwide / local audit scrutiny.

Consistent Metric Definitions

Reports must be filed by the statutory due date in each relevant jurisdiction. Late or missing filings create audit risk and penalties. Integrating CbCR preparation into the financial reporting cycle ensures timely, accurate submissions that demonstrate proactive, compliant governance.

Timely Submission and Compliance

Robust Review and Quality Controls

Each report must undergo internal review by tax and finance teams before submission. Quality assurance checks, approval trails, and version control confirm data integrity. Strong oversight ensures accuracy, reduces error rates, and reinforces the company’s credibility with regulators and stakeholders.

A centralized data management system must be used to compile, validate, and submit CbCR information. Integrated digital tools reduce manual errors, ensure real-time accuracy, and enhance consistency across jurisdictions while supporting secure data exchange with tax authorities.

Centralized Data Governance and Technology