Japan Issues Guidance on New Transfer Pricing Documentation and Notification Requirements
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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