On 26 December 2018, India’s Central Board of Direct Taxes issued Circular No. 9/2018, which provides for an extension of the deadline for non-parent constituent entities in India to submit a Country-by-Country (CbC) report where secondary local filing is required (ultimate parent not required to file or there is no CbC exchange with ultimate parent’s jurisdiction). This follows the recent notification that set the standard deadline for non-parent constituent entities at within 12 months fro…