The Inland Revenue Board of Malaysia has updated its Country-by-Country (CbC) reporting guidance page with the publication of updated sample notification letters and a CbC FAQ. The updated sample notification letters include a notification template for reporting entities and non-reporting entities. The reporting entity template includes providing the details of the ultimate or surrogate holding (parent) entity resident in Malaysia that will submit a CbC report, as well as information on all other constituent entities of the MNE group that are resident for tax purposes or carrying out a business through a branch or a permanent establishment in Malaysia and...