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Country by country reporting: is your business ready? | World Finance

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After years of political pressure around corporate tax avoidance and transfer pricing, the OECD announced a plan to address base erosion and profit shifting. Its recommendations – 15 actions – are now being adopted by its member countries. Tax automation experts Vertex are helping multinational corporations prepare – and they’re finding businesses are particularly concerned about action 13, and the country-by-country report. This is the first part of a three video series with Vertex: watch Nancy Manzano explain how to update your tax processes (https://www.youtube.com/watch?v=Wx-LAcWT8Vg), and then watch Nancy and Bernadette discuss tax reputation risk (https://www.youtube.com/watch?v=LDZvC2P_xvs).

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