OrbitaxSweden Provides CbC Reporting Guidance Concerning Shorter/Longer Fiscal Years and Parent Companies Resulting from Restructuring
|Approved Changes|Sweden
The Swedish Tax Agency (Skatteverket) has published position guidance regarding the SEK 7 billion Country-by-Country (CbC) reporting threshold for shorter and longer fiscal years and the reporting obligations of companies that have become parent companies as a result of divestment or other restructuring.
With respect to the length of the fiscal year, Sweden's position is that the SEK 7 billio…
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