The Indonesian Directorate General of Taxes has issued Regulation PER-29/PJ/2017, which provides for the implementation of Country-by-Country (CbC) reporting as introduced by Regulation 213/PMK.03/2016 ({News-2017-01-17/A/3-previous coverage}). The main points of Regulation PER-29/PJ/2017 are summarized as follows:
- The CbC reporting requirements, including notification requirements, apply for the reporting fiscal year ending 31 December 2016;
- For the first year (2016), both the CbC report an…