India Publishes CbC Reporting Deadline for Non-Parent Entities

On 18 December 2018, India’s Central Board of Direct Taxes published Notification G.S.R. 1217(E), which includes the Income-tax (14th Amendment) Rules 2018 on the deadline for non-parent constituent entities to submit Country-by-Country (CbC) reports when the conditions for secondary local filing are met. Originally, the deadline for the submission of CbC reports in India was the tax return deadline, but the Finance Act 2018 changed this to within 12 months from the end of the reporting acco…