As previously reported, Jordan published Regulation No. 40 of 2021 in the Official Gazette on 7 June 2021, which provides for the introduction of new transfer pricing rules, including the three-tier documentation requirements developed as part of BEPS Action 13. In addition to the new transfer pricing documentation requirements, Regulation No. 40 also provides new rules in relation to other aspects of Jordan's transfer pricing regime in line with OECD guidelines. Key points are summarized as follows: Taxpayers are required to adjust the value of their transactions to match the value that would have been agreed by independent parties in...