Brazil has published an updated version of the Q&A document on Country-by-Country (CbC) reporting dated 9 June 2017. Additions to the Q&A include clarifications that:

• Where an entity has negative retained earnings, it is still to be reported in the accumulated earnings field in ECF section W200 (CbC Table 1), which means the field will be filled with the net amount (and may even have a…