Tuesday, 26 October 2010

Europe: country-by-country reporting by multinationals - Commission consultation

The European Commission is seeking views on financial reporting by multinationals and, in particular, country-by-country reporting which would require multinationals to disclose financial information on their operations in 'third countries' (i.e., countries that are not Member States of the European Union and the European Economic Area) in their annual financial statements: see here.

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