Belize Notes CbC Local Filing Now Required

The Belize Tax Service published a notice on 20 November 2024 regarding local filing requirements for Country-by-Country (CbC) reports. Belize's CbC reporting requirements apply from 1 January 2019 for MNE groups meeting a EUR 850 million consolidated group revenue threshold. This includes local filing requirements for non-parent constituent entities in Belize, although these were suspended. According to the notice, the implementation of the local filing requirements is now required. The not…