Country by Country Reporting in the Extractive and Forestry Industries (DK0022)
Overview
At-a-Glance
Action Plan: Denmark Action Plan 2012
Action Plan Cycle: 2012
Status:
Institutions
Lead Institution: Danish Business Agency
Support Institution(s): NA
Policy Areas
Extractive Industries, Fiscal Openness, TaxIRM Review
IRM Report: Denmark IRM Progress Report 2012-2013
Early Results: No IRM Data
Design i
Verifiable: No
Relevant to OGP Values: Yes
Ambition (see definition): High
Implementation i
Description
The Government will work to introduce Country-by-Country Reporting in the EU as an important step in the international fight against corruption and illegal tax evasion. By country-by-country reporting, companies in the extractive and forestry industries will openly disclose the payments they make to governments of the countries they operate in.