International Tax ADVISORY – IRS Issues Draft Form and Instructions for Country-by-Country Reports

Written by and

Ultimate parents of U.S. multinational enterprises now have instructions for Form 8975, the U.S. Country-by-Country Report. Our International Tax Group reviews what U.S. MNEs must do to comply with new U.S. filings requirements, as well as procedures for voluntary early filing intended to satisfy BEPS-related Organisation for Economic Co-operation and Development guidance in other jurisdictions.

  • Fixing the reporting mismatch
  • Revenue Procedure 2017-23
  • The form and instructions

Read the full International Tax Advisory here.