Bloomberg BNA
“The decision to delay IRS rules implementing country-by-country reporting requirements from the OECD is stoking fears of increased administrative complexity for the upcoming year…The OECD’s language “implies that there ought to be some sort of allowance for a country to get their legislation in order, but it doesn’t explicitly say that,” said Carol Doran Klein, vice president for tax at the U.S. Council for International Business. “It’s confusing, and people would like to have certainty.””
