The South African Revenue Service (SARS) has published an updated list of jurisdictions with which South Africa has effective CbC report exchange agreements as of 18 October 2019.
This list is important in relation to local non-parent constituent entity filing of CbC reports (secondary filing). In general, a local non-parent constituent entity is required to submit a CbC report in South Africa if its group has met the conditions for CbC filing and either the group parent is not required to …