As previously reported, Taiwan has launched a public consultation on amendments to its transfer pricing rules to introduce Country-by-Country reporting, Master file, and Local file documentation requirements. Additional details of the planned requirements are as follows: CbC Report The CbC reporting requirement will apply for ultimate parent entities resident in Taiwan, as well as non-parent constituent entities resident in Taiwan if standard secondary local filing conditions are met: ultimate parent not submitting a report, no agreement for exchange of reports, or systemic failure for exchange; Secondary local filing requirement will not apply if a surrogate parent entity has been designated...