TAX NEWS
NO: 2020/9
Subject: Deadline for submission of First CbC Reporting Notification has been extended to 30 October 2020.
Based on the Transfer Pricing General Communiqué No. 4 which was announced in today’s Official Gazette (Official Gazette no. 31231, dated 1 September 2020); the deadline for submission of notification for the first Country by Country Reporting (for 2019 and the fiscal periods starting from 1 January 2019, e.g.. those ending on 31 March 2020, 30 June 2020, 30 September 2020) has been extended to 30 October 2020 (initially the deadline had been indicated as 31 August 2020 in the Draft Communiqué).
Yours sincerely,
Deloitte Turkey
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
These materials and the information contained herein are provided by Deloitte Turkey and are-intended to provide general information on a particular subject or subjects and are not on exhaustive treatment of such subject(s).
Accordingly, the information in these materials is not intended to constitute accounting, tax, investment, consulting, or other professional advice or services. The information is not intended to be relied upon as the sole basis for any decision which may affect your personal finances or business, you consult a qualified professional adviser.
These materials and the information contained therein are provided as is, and Deloitte Turkey makes no express or implied representations or warranties regarding these materials or the information contained therein. Without limiting the foregoing, Deloitte Turkey does not warrant that the materials or information contained therein will be error-free or will meet any particular criteria of performance or quality.
Deloitte Turkey expressly disclaims all implied warranties, including, without limitation, warranties of merchantability, title, fitness for a particular purpose, non-infringement, compatibility, security and accuracy.
Your use of these materials and information contained therein is at your own risk, and you assume full responsibility and risk off loss resulting from the use thereof. Deloitte Turkey will not be liable for any special, indirect, incidental, consequential, or punitive damages or any other damages whatsoever, whether in an action of contract, statue, tort (including, without limitation, negligence), or otherwise, relating to the use of these materials or the information contained therein.
© 2020 Deloitte Global Services Limited