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United States: IRS reminders on filing country-by-country reports on Form 8975

IRS reminders on filing CbC reports on Form 8975

The IRS today issued reminders to multinational enterprises (MNEs) with respect to filing their country-by-country (CbC) reports.


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In the United States, CbC information is filed by MNEs on Form 8975, Country-by-Country Report.

U.S. MNEs must submit a Schedule A (Form 8975) for each tax jurisdiction where a constituent entity(s) is a tax resident. Today’s IRS transmittal message reminds MNEs about filing Form 8975 when there is no Schedule A—as well as instructions for completing Schedule A. As noted by the IRS, the tax jurisdiction field in Part I of Schedule A is a mandatory field, and U.S. MNEs are required to enter a two-letter code for the tax jurisdiction to which the Schedule A pertains. The country code for the United States is “US” and the country code for “stateless” is “X5.”

The IRS also reminded MNEs about the procedures for filing paper versions of Form 8975, and noted that MNEs must follow the instructions “carefully” when filing a paper version of Form 8975.

Lastly, the IRS reminder addresses procedures for amending Form 8975.

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