The OECD needs to realise country-by-country reporting is not a business inspired initiative

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The OECD has issued a discussion paper on transfer pricing and country-by-country reporting. A little over ten years after I first introduced the idea of country-by-country reporting the OECD has finally got one of the key issues it is about.

But there is a worrying note at the end of the paper, where the OECD says:

The OECD looks forward to a productive discussion of these issues at the consultation on 12 — 13 November and requests business input into the resolution of these questions and any other questions business may believe to be relevant to the development of a workable country by country reporting template

The OECD ought to note that this initiative arose in civil society.

And there's quite a lot on a template, here.