BEPS Action 13: Latest country implementation update

BEPS Action 13: Latest country implementation

Updated weekly, this summary report in table format offers a snapshot of implementation of country-by-country (CbC) reporting and Master file / Local file documentation requirements around the world.

Related content

BEPS Action 13 - Latest country implementation

Updates for the week ending 6 January 2017 include...

  • Cyprus:  Country-by-country (CbC) reporting was adopted on 30 December 2016. 
  • Malta: CbC reporting will be required as of 1 January 2016.
  • Pakistan: CbC reporting, Master file and Local file will be required as of 1 July 2016.
  • Romania: Adoption of CbC reporting is anticipated. Some of the Action 13 Master file content is already required in the transfer pricing documentation.
  • South Korea: The Ministry of Strategy and Finance on 28 December 2016 released a proposal of details with respect to CbC reporting.
  • Japan, Luxembourg, Mexico, South Africa: The information about CbC reports and related reporting has been updated.


KPMG report: BEPS Action 13, country implementation - 6 January 2017 [PDF 1 MB]

© 2017 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Request for proposal



KPMG's new digital platform

KPMG's new digital platform