Turkey's Revenue Administration has announced the publication of Circular TF-3/2021-1 of 22 February 2021, which provides a further extension for the initial submission of Country-by-Country (CbC) reports. Previously extended to 26 February 2021, extensions are now provided as follows, depending on whether the ultimate or surrogate parent of the group is resident in Turkey:
- If the ultimate or surrogate parent is resident in Turkey, CbC reports for the 2019 reporting fiscal year and reports …