New Caledonia’s Country Law No. 2025-16, enacted to reinforce fiscal transparency, introduces significant new reporting obligations for multinational enterprises, trusts, and cross-border tax arrangements. The law aligns the territory with international standards such as the OECD’s BEPS Action 13 and the Common Reporting Standard. The DSF has published explanatory content outlining the scope, deadlines, and penalties for non-compliance. Affected entities must register and file the required declarations through the DSF’s dedicated portal.
Key Takeaways
- Country-by-Country Reporting: Multinational groups with consolidated revenue exceeding the threshold must file a Country-by-Country Report annually.
- Trust Registration: Trustees of trusts with a nexus to New Caledonia must register and declare beneficial ownership information.
- Cross-Border Arrangements: Taxpayers must disclose cross-border tax planning arrangements that meet specific hallmarks, following the EU DAC6 model.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement