On June 5, 2017, Pakistan’s Federal Board of Revenue has presented a notification (Notification SRO 421 (I) / 2017) regarding Documentation and country-by-country reporting requirements in respect of transfer pricing. The proposed requirements are generally in line with the three-tiered approach set out in the BEPS Action 13 guidelines.
The CbC report form, the details of the reporting and certification authority, and the three standard CbC report tables included in the notification 421 (I) / 2017.
