F1ANNEX IIIFILING RULES FOR GROUPS OF MULTINATIONAL ENTERPRISES
Annotations:
Amendments (Textual)
SECTION IIICOUNTRY-BY-COUNTRY REPORT
C.Specific instructions for filling in the country-by-country report
1.Overview of allocation of income, taxes and business activities by tax jurisdiction (Table 1)
1.5.Income tax accrued (current year)
In the seventh column of the template, the reporting MNE shall report the sum of the accrued current tax expense recorded on taxable profits or losses of the year of reporting of all the Constituent Entities resident for tax purposes in the relevant tax jurisdiction. The current tax expense shall reflect only operations in the current year and shall not include deferred taxes or provisions for uncertain tax liabilities.
Inserted by Council Directive (EU) 2016/881 of 25 May 2016 amending Directive 2011/16/EU as regards mandatory automatic exchange of information in the field of taxation.