Taiwan's Ministry of Finance has issued a notice reminding taxpayers of the 31 December 2021 deadline for submitting Master files and Country-by-Country (CbC) reports for the 2020 fiscal year. --- Reminder for submitting Master File and Country-by-Country Report: December 31st is just around the corner The Ministry of Finance states that in order to strengthen tax information transparency, the "Regulations Governing Assessment of Profit-Seeking Enterprise Income Tax on Non-Arm's Length Transfer Pricing" was amended in 2017 to introduce the three-tiered transfer pricing documentation, including Master Files and Country-by-Country (CbC) reports. From fiscal year 2017, the profit-seeking enterprises that meet the...