What is a Country-by-Country (CbC) Report?

Topics Covered: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests. What is a Country-by-Country (CbC) Report? What to study? For Prelims: What is CbC report? For Mains: Need for and significance of these reports. Context: With Central Board of Direct Taxes(CBDT) notifying rules for furnishing “Country-by-Country Report” (CbC) specifying information pertaining …