On 9 September, JBCE responded to the public consultation on corporate tax transparency, launched by the European Commission. JBCE understands that the introduction of Country by Country Reporting according to BEPS Action 13 is probable, but cautioned the Commission against going further, as this would introduce unnecessary administrative burden. JBCE supports a simplified, sensible tax system will enhance growth and innovation. JBCE favours a smart tax regime that balances the intended positive impact and the potential administrative or cost burden to benefit multinational enterprises.