Taiwan Announces Adoption of Master File, Local File, and CbC Report Requirements
On 14 November 2017, Taiwan's Ministry of Finance announced the adoption of the three-tiered documentation requirements of BEPS Action 13, including the Master file, Local file, and Country-by-Country (CbC) Report. The new requirements are introduced through an amendment Order to the country's transfer pricing regulations and are effective from the 2017 fiscal year.
Master File
The Master …
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