{"id":83440,"date":"2017-08-15T10:38:06","date_gmt":"2017-08-15T10:38:06","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=204d1ef9824002543d71cea8f272c64d"},"modified":"2017-08-15T10:38:06","modified_gmt":"2017-08-15T10:38:06","slug":"news-story-hmrc-confirms-country-by-country-reporting-format-for-multinationals","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=83440","title":{"rendered":"News story: HMRC confirms country-by-country reporting format for multinationals"},"content":{"rendered":"<div class=\"govspeak\">\n<p>The UK follows the country-by-country reporting requirements of the Organisation for Economic Co-operation and Development (<abbr title=\"Organisation for Economic Co-operation and Development\">OECD<\/abbr>).<\/p>\n<p>More details can be found in this <a href=\"https:\/\/www.gov.uk\/government\/publications\/amendments-to-country-by-country-reporting-2017\">tax information and impact note<\/a>.<\/p>\n<p>HM Revenue and Customs (<abbr title=\"HM Revenue and Customs\">HMRC<\/abbr>) have confirmed that the required format for country-by-country reporting will be via an XML (extensible markup language) schema, to ensure international consistency.<\/p>\n<p>Find out if <a href=\"https:\/\/www.gov.uk\/guidance\/check-if-you-must-send-a-country-by-country-report\">you must send a country-by-country report<\/a>.<\/p>\n<p>The <a href=\"https:\/\/www.gov.uk\/hmrc-internal-manuals\/international-exchange-of-information\/ieim300000\">International Exchange of Information Manual<\/a> specifically includes directions relating to:<\/p>\n<ul>\n<li>the content and form of presentation of the country-by-country report and notifications<\/li>\n<li>the method for filing reports and providing notifications<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New guidance sets out process for multinationals in line with OECD requirements.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/83440"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83440"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/83440\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}