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Japan Issues Guidance on New Transfer Pricing Documentation and Notification Requirements

|Approved Changes|Japan
Japan

Japan's National Tax Agency has issued guidance on the country's new transfer pricing documentation requirements, which are in line with the three-tiered approach developed under Action 13 of the OECD BEPS Project. The main aspects of the guidance are summarized as follows.

Country-by-Country (CbC) Report

MNE groups operating in Japan must submit a CbC report when deemed to be a Specified MN…

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