New in Country by Country Reporting Solution

Support for CbC Schema Version 2.0

As of February 1, 2021, most countries will be required to use the new Version 2.0 CbC XML Schema from the OECD. The Altova Country by Country Reporting Solution now supports this schema by default.

Support for Version 1.0.1 of the schema is still provided and customers may generate reports based on either version as required.

CbCR App is now available in the cloud

The Altova CbC Reporting App is now available as an SaaS solution in the Altova Cloud. The Altova Cloud portal makes it easy to create an account and instantly start a 30-day trial (no credit card required), add users, and eventually purchase a license via the Altova Online Shop. Because this is a true SaaS solution, there is nothing to download or install.

To accommodate legal differences concerning data privacy, data retention, GDPR, and so on, between the US and the EU, Altova utilizes two datacenters for accessing Altova apps in the cloud.

Using the Altova CbCR app in the cloud couldn't be easier. Visit the Altova Cloud portal now to get started with an evaluation. No credit card is required, and you'll be up and running almost instantly.

Or, if you’ve installed the solution in-house, you may download the latest version here.

CbCR App is now available in the cloud

The Altova CbC Reporting App is now available as an SaaS solution in the Altova Cloud. The Altova Cloud portal makes it easy to create an account and instantly start a 30-day trial (no credit card required), add users, and eventually purchase a license via the Altova Online Shop. Because this is a true SaaS solution, there is nothing to download or install.

To accommodate legal differences concerning data privacy, data retention, GDPR, and so on, between the US and the EU, Altova utilizes two datacenters for accessing Altova apps in the cloud.

Using the Altova CbCR app in the cloud couldn't be easier. Visit the Altova Cloud portal now to get started with an evaluation. No credit card is required, and you'll be up and running almost instantly.

New Features in Previous Versions

Learn about all the features added in prior versions of the CbC Reporting Solution.

Compliance with Swiss Tax Administration 11/7/19 requirements

On November 7, 2019, the Swiss Federal Tax administration released new technical guidance for submitting CbC reports. The Altova CbCR Solution is now compliant with these latest rules.

Ability to generate Correction Reports

The Altova CbC Reporting Solution makes it easy to generate a valid CbC XML filing report using a user-friendly web interface.

However, sometimes after a CbC report has been submitted to financial authorities, the submitting organization has a need to correct some information in or add some additional data to the report. When this is the case, a correction report must be created to update the filing.

Because a correction report must refer to internal IDs of the original report, it can be difficult to create manually.

Starting with Version 2.0, the Altova CbC Reporting solution makes it easy to generate a valid correction report automatically to update numbers or add new content.

In the correction report creation page, you'll find a list of existing reports. When you click the button to add new data or change/delete existing data, a new correction report is opened that contains all the necessary references to the original report.

Once you have made the necessary updates and saved the correction report, you'll find it listed with other existing reports. Simply click Create XML to generate the valid CbC correction report for submission.