Delay in Country-by-Country Reporting Rules Incites Backlash

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.””

Read the full Bloomberg BNA article.

Staff Contact:   Kira Yevtukhova

Deputy Director, Marketing and Communications
Tel: 202.617.3160

Kira Yevtukhova manages USCIB’s print and online publications, including the website, e-newsletter and quarterly magazine, and serves as the organization’s digital media strategist. Prior to this role, Kira worked for over five years within USCIB’s Policy Department, focusing on climate change, environment, nutrition, health, and chemicals related policy issues. She is a graduate of Mount Holyoke College and is currently pursuing an MBA at Georgetown’s McDonough School of Business.
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