On 6 July 2023, the Dutch House of Representatives passed legislation to implement public country-by-country reporting under EU directive (EU) 2021/2101. In-scope multinational enterprises (MNEs) are required to publicly disclose a country-by-country report (CbCR), which includes tax and tax-related information. The Legislation applies to financial years starting on or after 22 June 2024. In practice, for MNEs that apply a financial year equal to the calendar year, the first reporting year will be 2025.
Interested in what to watch out for and next steps? Please read our newsflash here.