2023 No. 752
The Taxes (Base Erosion and Profit Shifting) (Country-by-Country Reporting) (Amendment) Regulations 2023
Made
Laid before the House of Commons
Coming into force
Citation and commencement1
These Regulations may be cited as the Taxes (Base Erosion and Profit Shifting) (Country-by-Country Reporting) (Amendment) Regulations 2023 and come into force on 26th July 2023.
Amendment of the Taxes (Base Erosion and Profit Shifting) (Country-by-Country Reporting) Regulations 20162
1
The Taxes (Base Erosion and Profit Shifting) (Country-by-Country Reporting) Regulations 20163 are amended as follows.
2
In regulation 3, in each place it occurs, omit “, 3C”.
3
In the heading to regulation 3A, omit “and notification by Ultimate Parent Entities”.
4
In regulation 3A—
a
omit paragraphs (2) to (4), and
b
in paragraph (5), for “requirements” substitute “requirement”
.
5
Omit regulation 3C.
6
In regulation 7(1)(a)(ii), for “3A(2), 3B(4)(a) or 3C(3)” substitute “3B(4)(a)”
.
7
In regulation 8A, for “3A(2), 3B(4)(a) or 3C(2)” substitute “3B(4)(a)”
.
8
In regulation 10—
a
in paragraph (1)(a), omit “and provide a notification”, and
b
omit paragraph (1)(c).
9
In regulation 12, omit—
a
“3A(2),”, and
b
“, 3C(3)”.
10
In regulation 16(3)(a)—
a
omit “3A(2),”, and
b
for “, 3B(4) or 3C(3)” substitute “or 3B(4)”
.
(This note is not part of the Regulations)