
2023 No. 752
Taxes
The Taxes (Base Erosion and Profit Shifting) (Country-by-Country Reporting) (Amendment) Regulations 2023
Made 4th July 2023
Laid before the House of Commons 5th July 2023
Coming into force 26th July 2023
The Treasury make these Regulations in exercise of the powers conferred by section 136 of the Finance Act 2002 and section 122 of the Finance Act 2015.
Citation and commencement
1 
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 2016
2 

(1) The Taxes (Base Erosion and Profit Shifting) (Country-by-Country Reporting) Regulations 2016 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)”.
Stuart Anderson
Amanda Solloway
Two of the Lords Commissioners of His Majesty’s Treasury
4th July 2023