State Tax Service took part in a virtual "round table" organized by the OECD on implementation of the CbC reporting

With assistance of the Secretariat of the Organization for Economic Cooperation and Development (hereinafter – OECD) and the Global Forum, a virtual "round table" was held for tax authorities of developing countries on implementation of reporting by countries of the international group of companies (CbC reporting).

During the event, individual countries presented chronology of implementation of the CbC reporting as a tool for ensuring tax transparency.

Virtual round table participants also reviewed presentation materials on capacity building for developing countries in implementation of the CbC reporting.

According to the "round table" results, representatives of the State Tax Service gained practical experience in solving problematic issues related to implementation of the CbC reporting and decided on priority areas of work.