China is suggesting that parent companies should be required to file the Organization for Economic Cooperation and Development’s proposed country-by-country reporting template directly with their subsidiaries’ local tax jurisdictions, a State Tax Administration official said at the most recent OECD consultation on documentation.
The SAT’s Sun Yimin, speaking at the May 19 consultation on transfer pricing documentation and country-by-country reporting, said China agrees with a French suggestion that the parent company should provide the reporting template directly to its subsidiaries’ local tax authorities. This position contrasts with…
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