close
Share with your friends

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.

1000

Related content

BEPS Action 13 - Latest country implementation

Updates for the period ending 16 January 2020 include...

 
  • Albania: Master file and transfer pricing documentation requirements (updated language in KPMG’s Action 13 summary report) 
  • Argentina: Master file and transfer pricing documentation deadline extension (new information)
  • British Virgin Islands: Country-by-country (CbC) submission process and CbC-related penalties (new information)
  • Honduras: Master file not adopted in Honduras, but tax authority has requested Master file from taxpayers (updated language in KPMG’s Action 13 summary report )
  • Hong Kong: CbC reporting requirements and submission process, Master file and Local file requirements (updated language in KPMG’s Action 13 summary report); CbC deadline extension (new information)
  • Jamaica: Anticipated adoption of CbC, Master file, and Local file requirements (new information)  
  • Malaysia: CbC reporting guidance, anticipated adoption of Master file, and Malaysia transfer pricing documentation requirements (updated language in KPMG’s Action 13 summary report) 

 

KPMG report: BEPS Action 13, country implementation - 16 January 2020 [PDF 2 MB]

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal