On 13 August 2023, Government published the Decree which amends the Order 6 July 2017 pursuant to II of Article 223 quinquies C of the General Tax Code. The new Decree updates the the list of country exemption from local filing Country-by-Country (CbC) reporting rules and includes list of jurisdictions that have adopted CbC reporting requirements, have concluded an agreement for the exchange of CbC reports with France and comply with such exchange agreements. For fiscal years beginning on or after 1 January 2021, Barbados, Bahrain, Bahamas, Israel, Maldives, Tunisia, and Thailand are added to this list. The update also eliminates Russia.
So, the final list of all jurisdictions that meet the conditions for the exemption from local filing for fiscal years beginning on or after 1 January 2021: All EU Member States, Andorra, Anguilla, Argentina, Australia, Azerbaijan, Bahamas, Bahrain, Barbados, Belize, Bermuda, Brazil, British Virgin Islands, Canada, Cayman Islands, China ,Chile , Colombia, Costa Rica, Curacao, Gibraltar, Guernsey, Hong Kong, Iceland, India, Indonesia, Isle of Man, Israel, Japan, Jersey, Kazakhstan, Liechtenstein, Malaysia, Macau, Maldives, Mauritius, Mexico, Monaco, Nigeria, New Zealand, Norway, Oman, Pakistan, Panama, Peru, Qatar, San Marino, Saudi Arabia, Seychelles, Singapore, South Africa, South Korea, Switzerland, Turks and Caicos Islands, Tunisia, Turkey, Thailand , United Arab Emirates, United Kingdom, and Uruguay.
