India: Status of country-by-country reporting | KPMG | GLOBAL
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India: Status of country-by-country reporting

India: Status of country-by-country reporting

India has introduced a country-by-country (CbC) reporting requirement in section 286 of the Indian Income-tax Act, 1961, with effect from financial year 2016-2017.


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The first round of CbC reports, when applicable, will have to be filed with the Indian tax authorities by 30 November 2017. Guidelines from the Central Board of Direct Taxes (CBDT) are pending. 

Taxpayers in India, in the meantime, may look to guidelines from the Organisation for Economic Cooperation and Development (OECD) on CbC reporting.


The KPMG member firm in India has prepared a May 2017 report [PDF 247 KB] that focuses on the OECD’s guidance for implementing CbC reporting.

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