Greece published Decision No. A 1056 in the Official Gazette on 30 April 2025, updating the list of jurisdictions participating in the exchange of country-by-country (CbC) reports under the Multilateral Competent Authority Agreement (MCAA) for the 2023 reporting period.
Country-by-Country Reporting (CbCR) is a global transparency measure developed by the OECD. It requires large multinational enterprises (MNEs)—those with total consolidated group revenues exceeding EUR 750 million—to submit a Country-by-Country (CbC) report. This report includes important tax-related data, such as financial details, employee numbers, and non-cash tangible assets, for each jurisdiction in which the group operates. The information is intended to be shared between participating countries’ tax authorities to support better compliance and enforcement.
The MCAA is a multilateral framework agreement that provides a standardised and efficient mechanism to facilitate the automatic exchange of information. It avoids the need for several bilateral agreements to be concluded. Its design as a framework agreement means the MCAA always ensures each signatory has ultimate control over exactly which exchange relationships it enters into and that each signatory’s standards on confidentiality, data protection and appropriate use of information always apply.
This update ensures alignment with international tax transparency standards and facilitates the automatic exchange of CbC reports among participating countries.
