The German government has announced plans to incorporate guidance on transfer pricing documentation and country-by-country (CbC) reporting) in line with the OECD’s Base Erosion and Profit Shifting (BEPS) project into local legislation. The legislation is being drafted taking into account the OECD guidance. The law is to be passed by parliament by the end of the year or early next year, so that the new regulation can come into force from 2016.