N-2018-31: National Security Considerations with Respect to Country-by-Country Reporting

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March 30, 2018

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Issue Number: N-2018-31

Inside This Issue

Notice 2018-31 provides guidance impacting U.S. multinational enterprise groups that are required to file a Form 8975 and Schedule A (Form 8975) (Country-by-Country Report) (i.e., those that have more than $850M in revenue in the prior reporting period) and that have more than 50 percent of their revenues attributable to contracts with the Department of Defense or other U.S. governmental intelligence or security agencies. Such specified national security contractors may file their Country-by-Country Report in the modified manner described in the guidance.

Notice 2018-31 will be in IRB 2018-16, dated April 16, 2018.

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