The Inland Revenue Board of Malaysia issued a notice on 25 May announcing that constituent entities may furnish the Country-by-Country (CbC) report notification using the company tax return (C Form) starting from year of assessment 2021. With this change, the notification deadline for constituent entities submitting the C Form is changed from the last day of the reporting fiscal year to the return deadline of the constituent entity (generally 7 months after year-end).
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