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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.
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Multinational enterprises with consolidated group revenue equal to or exceeding the EUR 750 million threshold.
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The Country-by-Country Reporting should be submitted electronically following the specific guidelines provided by the tax authorities.
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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.
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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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