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Country Q&A DenmarkRestructuring and Insolvency 2010×11Denmark This GullitzWormslev and Maria Her Kevin Roman Reumertwww.practicallaw.com×25020073Security and priorities 1. What are the most common
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Country-by-Country Reporting is a tool developed by the OECD to combat tax base erosion and profit shifting.
Multinational enterprises with consolidated group revenue equal to or exceeding the EUR 750 million threshold.
The Country-by-Country Reporting should be submitted electronically following the specific guidelines provided by the tax authorities.
The purpose of Country-by-Country Reporting is to provide tax administrations with information about the global allocation of the income, economic activity, and taxes paid by multinational enterprises.
The report should include information on the revenue, profit before income tax, income tax paid and accrued, stated capital, accumulated earnings, number of employees, among others.
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