DITC Portal User Guide Revamped with Country-by-Country Reporting

In an effort to combat global base erosion and profit shifting, CbCR provides a snapshot of the revenue, profit, tax and other economic activities for each tax jurisdiction that a Multinational Enterprise Group (“MNE Group“) conducts business in.

The Guide provides instructions on how users may:

• register an MNE Group and submit notification of the registration to the Tax Information Authority;
• change the Primary Contact, Secondary Contact or MNE Group details (e.g. fiscal period, website, or Ultimate Parent Entity / Surrogate Parent Entity or Constituent Entity information);
• assign or remove Additional Users to an MNE Group; and
• de-activate an MNE Group from the DITC portal.

Additional resources on CbCR requirements include the DITC CbCR Guidelines and the CbCR Reporting Regulations.