Regulation 67

In this Division, “qualifying country‑by‑country report”, in relation to a jurisdiction, means a country‑by‑country report prepared on the basis of qualified financial statements of an MNE group.

“Country-by-country report” means a country‑by‑country report in respect of an MNE group that is prepared in accordance with the law of the jurisdiction implementing the OECD guidance on country‑by‑country reporting.

But where the law of a jurisdiction permits the preparation and filing of a partial country‑by‑country report, such a partial report is not to be regarded as a country‑by‑country report for the purposes of this Division.

A reference to a country-by-country report in respect of an MNE group that is a multi‑parent group is to a country‑by‑country report in respect of all of the constituent groups.