On Thursday 11 November, the European Parliament adopted the directive designed to increase public country-by-country reporting (CBCR), adopting the position of the Council of the European Union at first reading.
According to the inter-institutional compromise agreed in June (see EUROPE B12737A20), companies operating in the EU with an annual turnover of more than €750 million will have to disclose tax information (turnover, net profits, number of employees, income taxes paid) broken...