Implementation

The German Federal Government announced its intention to implement the EITI in July 2014. Many milestones have been achieved since then. At the time of writing, the Multi-Stakeholder Group and the Secretariat are working intensively on the preparation of the first report. The Independent Administrator, Warth & Klein Grant Thornton (wkgt.com) has already started work and is currently obtaining the necessary data about payment flows between companies and tax authorities. When that task has been completed, payment reconciliation will be carried out. The report will be published in August 2017.