Examples of CbC Report in a sentence
This Arrangement becomes operative on the date of the later of the notifications provided by each Competent Authority that its Contracting Party has the necessary laws in place to require Reporting Entities to file a CbC Report.
Where a person considers that an adjustment to the taxable income of a Constituent Entity, as a result of further inquiries based on the data in the CbC Report, results for such person in undesirable economic outcomes, including if such a matter arises for a specific business, and notifies to the Competent Authority of the jurisdiction of tax residence of the Reporting Entity, the Competent Authorities intend to endeavor to resolve the matter.
For the purposes of the exchange of information in Section 2, the amounts contained in each CbC Report are expected to be stated in a single currency, which is expected to be specified in the CbC Report.