Netherlands Publishes Adopted Law to Amend CbC Reporting Rules including Large Penalty Increase

The Netherlands has published in the Official Gazette the law to transpose the amendments made to the EU administrative cooperation Directive (2011/16/EU) concerning the exchange of Country-by-Country (CbC) reports as per Council Directive (EU) 2016/881. In addition, the law provides for increased CbC non-compliance penalties.
Since the Dutch CbC reporting requirements were already generally …
Continue Reading