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U.S. IRS Notes CbC Report Local Filing Extension in Turkey

|Treaty Development|United States-Turkey
United States-Turkey

The U.S. IRS has updated its Country-by-Country Reporting Jurisdiction Status Table regarding negotiations with Turkey to note that Turkey has extended the deadline for CbC report submission (including local filing) till 31 June 2021. As previously reported, this extension applies for non-resident parented MNE groups.

The U.S. and Turkey are currently negotiating a competent authority arrange…

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