Experts react to draft CbCR-rules; Rajat Bansal says rules in line with BEPS Action 13

Oct 10,2017

The prolonged wait is finally over. Nearly 18 months after legislating the adoption of Country-by-Country Reporting (CbCR) for multinationals, CBDT has come up with the draft rules in this regard, seeking to usher in a rigorous regime of compliance and disclosure for MNCs operating in India. The proposed rules spell out how and in which form multinationals would have to comply with the maintaining and furnishing of transfer pricing documentatio...

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