Global Transfer Pricing Country-by-Country Report November update
Multinational companies are operating in an environment of unprecedented complexity. The rising volume and variety of intercompany transactions and transfer pricing regulations, coupled with increased tax authority collaboration across borders present both risks and opportunities. Our transfer pricing updates will provide you with the latest transfer pricing issues and developments worldwide that may affect your business.
November deadlines for global transfer pricing documentation and Country-by-Country Reporting
The following countries have upcoming November statutory deadlines for country-by-country reporting (CbCR) notifications, CbC reports, master files, or local files.
(The due dates below assume a 31 December year-end)
Guernsey
CbCR notification for 2018 tax year. For resident constituent entities that are not ultimate parent entities or surrogate parent entities, CbCR notifications in Guernsey are due by 30 November in the year following the last day of the relevant fiscal year.
India
Master file for 2018/2019 tax year. The master file must be filed by the tax return due date, which is 30 November following the end of the relevant fiscal year.
Local file for 2018/2019 tax year. The local file must be contemporaneously prepared by the tax return due date, which is 30 November following the end of the relevant fiscal year.
Italy
CbCR notification for 2018 tax year. CbCR notifications in Italy are included in the annual tax return and are due on the annual tax return’s filing date, which is 11 months after the tax year-end.
Master file and Local File for 2018 tax year. The master file and local file must be contemporaneously prepared by the annual tax return’s filing date, which is 11 months after the tax year-end, to receive penalty protection.
Singapore
Local file for 2018 tax year. The local file must be contemporaneously prepared by the tax return due date, which is 30 November following the end of the relevant fiscal year.
Sri Lanka
Local file for 2018 tax year. The local file must be contemporaneously prepared by the tax return due date, which is 30 November following the end of the relevant assessment year.
Deloitte's Transfer Pricing practice has prepared the Global Tax Reset - Transfer Pricing Documentation Summary, which compiles essential country-by-country reporting and documentation information (including master file/local file information, if applicable) for 122 jurisdictions around the world.
More information is available on our website page
For more information regarding transfer pricing issues in specific countries, and about Deloitte’s tax practice in those jurisdictions, please contact your usual Deloitte transfer pricing advisor or one of the listed contacts below.
Key Contacts
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