The Swedish Tax Agency March 14 updated guidance on country-by-country (CbC) reporting for multinational entities (MNEs). The updates include: 1) annual notification requirements for Swedish companies that are required to submit CbC reports as part of an MNE; 2) notification requirements for Swedish companies for which another company will submit CbC reports as part of an MNE; and 3) guidance on CbC electronic reporting through XML schema files. [Sweden, Tax Agency, 03/14/22]
Reference:
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