Dutch Senate Approves Bill for Public CbC Reporting

The Dutch Senate (upper house of parliament) approved the Bill for the introduction of public Country-by-Country (CbC) reporting as required by Directive (EU) 2021/2101 (previous coverage). the Dutch House of Representatives (lower house of parliament) approved the Bill on 6 July 2023. The Directive requires multinational enterprises with total consolidated revenue of more than EUR 750 million in each of the last two consecutive financial years, whether headquartered in the EU or outside, to…