OrbitaxSri Lanka Defers Master File and CbC Reporting Requirements and Clarifies Documentation Requirement for Domestic Controlled Transactions
|Approved Changes|Sri Lanka
Sri Lanka's Inland Revenue Department (IRD) has issued the following two notices to taxpayers:
- Submission of Transfer Pricing (TP) Documentations of Master File and CbCR in Relation to the Return of Income - Year of Assessment 2019/2020; and
- Clarifications on Transfer Pricing Information in Relation to the Return of Income Year of Assessment 2019/2020.
The first notice provides that, cons…