Singapore amends regulations on CbC reporting agreements

20 August, 2022

On 11 August 2022, the Ministry of Finance published an amended Regulation No. S 669 on Country-by-Country (CbC) Reporting Agreements in the Official Gazette. The Regulation includes the following changes:

Certain companies are required to file CbC reports with the Comptroller or an authorized person for each accounting period beginning on or after 1 January 2022.
A notice must be filed within three months of the end of the accounting period or such period as the Comptroller may approve; and
Provision of an additional period of three months for qualified entities.

The amended Regulation will come into force on 12 August 2022.

Asia-Pacific

Singapore

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