The Council of the EU is preparing to discuss the proposal for public country-by-country reporting (or CBCR) at the Competitiveness Council on 25 February, which would oblige companies to make public certain accounting data such as their turnover, profit or taxes paid (see EUROPE B12653A2).
The ambassadors of the Member States to the EU (Coreper) held a round table discussion on this subject on Wednesday 17 February and, according to a European source, a “qualified majority seems to have...