On 14 March 2022, the Swedish Tax Agency updated the country-by-country reporting (CbC) guidelines for multinational companies (MNEs). The guidelines introduced the following updates:
1) Annual notification requirements for Swedish companies that are required to submit CbC reports as part of an MNE;
2) Notification requirements for Swedish companies for which another company will submit CbC reports as part of an MNE; and
3) Guidance on CbC electronic reporting through XML schema files.
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