KPMG report: Country-by-country reporting, proposed regulations in United States

Proposed regulations (REG-109822-15) were published in today’s edition of the Federal Register to require annual country-by-country (CbyC) reporting for parent entities of large U.S.-based multinational groups (U.S. MNE groups). The proposed regulations would apply for U.S. persons that are the ultimate parent entity of a MNE group that has annual revenue for the preceding annual accounting period of $850 million or more.


Read text of the proposed regulations [PDF 252 KB] on country-by-country (CbC) reporting. These regulations are scheduled to be published in the Federal Register on December 23, 2015.