Taiwan's National Taxation Bureau of the Northern Area issued a release the end of October reminding taxpayers of their obligations to submit the Master file and Country-by-Country (CbC) report before the end of December 2018 in respect of the 2017 tax year.
For the purpose of submission, the release notes:
- The Master file requirement applies where the enterprise's annual net operating and non-operating income meets a TWD 3 billion threshold and its cross-border controlled transactions me…