Council of the European Union Publishes Consolidated Compromise Proposal on Public CbC Reporting

The Council of the European Union has published a consolidated compromise proposal on the introduction of public Country-by-Country (CbC) reporting, which has been debated for several years and is again being pushed by the Portuguese Presidency of the Council. The consolidated compromise proposal has been provided, for ease of reference, in preparation for a working party meeting scheduled on 22 January 2021.

The main changes included in the consolidated compromise proposal concern the purp…