Slovak Parliament Adopts Legislation for CbC Reporting

The Slovak parliament has approved legislation (Bill No. 299) to transpose into domestic law the amendments made to the EU Administrative Cooperation Directive by Council Directive (EU) 2016/881 concerning Country-by-Country (CbC) reporting. The legislation, which amends Law 442/2012 on international assistance and cooperation in tax administration, was approved by parliament on 1 February 2017 and sent to the president for approval on 13 February.

The CbC reporting requirements are in line…