Cyprus CbC Reporting For 2016 Now Open
by Jason Gorringe, Lowtax.net, London
11 October, 2017
Cyprus's Tax Department says multinational enterprises may now submit their country by country (CbC) reports for the year 2016.
The CbC report is one element of a new three-tiered standardized approach to transfer pricing documentation proposed under Action 13 of the OECD's base erosion and profit shifting project.
CbC reports should be submitted through the government's online portal, "Ariadni."
The reporting deadline for CbC reports is November 20, 2017. It was previously October 20, 2017.
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