The proposal for ‘public country by country reporting’ or ‘CBC’, which would require companies to make public certain accounting data such as turnover, profits and taxes paid, will be discussed on the agenda of the Competitiveness Council on 25 February.
The reversal of Austria’s position (see EUROPE B12643A29) after the meeting of the Council’s national experts on 22 January (see EUROPE B12642A21) put an end to the blocking minority against the text and paved the way for the...