On 2 January 2022, the Jordan Income and Sales Tax Department (ISTD) has published new transfer pricing documentation forms (Arabic) in line with Regulation No. 40 of 7 June 2021. ISTD has published forms for Local File, Master File, Country-by-Country Report (CbCR), and Disclosure Form.
Taxpayers with related party transactions equal to JOD 500,000 or more in a 12-month period are required to submit a transfer pricing disclosure with the annual tax return. Multinational Enterprises (MNEs) exceeding consolidated revenue exceeding a JOD 600 million in the previous year, will be required to submit a CbC (Country-by-Country) report. The CbC report must be submitted within 12 months after the end of the tax year. Master file and Local file must be submitted within 12 months after the end of the tax year including detailed information.
