Recently, the Jordan Income and Sales Tax Department (ISTD) has published new transfer pricing and country-by-country (CbC) Notification forms (Arabic language) in line with executive instructions No. 3 of 16 September 2021.

Transfer pricing reconciliation form

Taxpayers will use the transfer pricing reconciliation form to claim corresponding transfer pricing adjustment. The form includes the following information:

  • Taxpayer’s name;
  • Taxpayer tax identification number;
  • Related party name;
  • Country of residence;
  • Type of transaction;
  • Previous value;
  • Current value;
  • the difference of previous and current value;
  • Fiscal year; and
  • Reason for settlement.

CbC Notification form

The CbC Notification form includes the following information:

  • Information of multinational enterprise (MNE) group;
  • The ultimate parent entity of the MNE group;
  • authorized taxpayer;
  • surrogate of the ultimate parent entity of the MNE group; and
  • Other taxpayers of the MNE group where the CbC report is submitted on their behalf.