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BEPS Action 13: Latest country implementation update

BEPS Action 13: Latest country implementation

Updated weekly, this summary report in table format offers a snapshot of implementation of country-by-country (CbC) reporting and Master file / Local file documentation requirements around the world.

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BEPS Action 13 - Latest country implementation

Updates for the week ending 13 November 2020 include...

  • Brazil — Country-by-country (CbC) filing requirements and CbC reporting, extension of deadline due to COVID-19 (new information); CbC reporting notification (updated language in KPMG’s Action 13 summary report)
  • India — CbC and Master file, extension of deadlines due to COVID-19 (new information)
  • Latvia — CbC filing deadline and notification (updated language in KPMG’s Action 13 summary report); Master file threshold (updated language in KPMG’s Action 13 summary report)
  • South Korea — CbC penalty (new information); Master file and Local file submissions (new information); Local file threshold ( updated language in KPMG’s Action 13 summary report)
  • Sri Lanka —  CbC language (updated language in KPMG’s Action 13 summary report); Master file and Local file, first fiscal year (updated language in KPMG’s Action 13 summary report)
  • Taiwan —  CbC notification (updated language in KPMG’s Action 13 summary report); Master file threshold (updated language in KPMG’s Action 13 summary report); Master file and Local file filing requirements (new information)
  • Turkey — CbC language and penalties (updated language in KPMG’s Action 13 summary report); Master file submission requirements (new information).
  • United Kingdom — CbC notifications (updated language in KPMG’s Action 13 summary report)

KPMG report: BEPS Action 13, country implementation - 13 November 2020 [PDF 1.7 MB]

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