Sweden: Transfer pricing documentation, CbC reporting | KPMG | GLOBAL

Sweden: Proposed legislation, transfer pricing documentation and country-by-country reporting

Sweden: Transfer pricing documentation, CbC reporting

The Swedish tax agency in late April 2016 submitted to the Swedish Ministry of Finance a proposal for legislation to implement recommendations under Action 13 of the base erosion and profit shifting (BEPS) project with respect to transfer pricing documentation and the rules for the automatic exchange of country-by-country (CbC) reports.


Related content

The proposed legislation also includes provisions for the exchange of CbC reports between countries—including the EU Directive for the automatic exchange between EU members (known as ”DAC 4”) and the OECD multilateral agreement on CbC reporting.

The Swedish tax agency’s proposed legislation includes measures for Master file and Local file documentation as well as CbC reports. As proposed, the CbC reporting would concern fiscal years starting on or after 1 January 2016 (i.e., retroactively for 2016). However, the updated transfer pricing documentation rules (concerning the Master file and Local file measures) are proposed to be effective 1 January 2017.


Read a May 2016 report prepared by the KPMG member firm in Sweden

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