Updates
19 February 2021 – Extension of deadline to file Country by Country Returns
22 June 2020 – CbC reporting: Upload functionality
We would like to inform you that the Country-by-Country (CbC) Reporting XML file upload functionality is open for submissions from Friday 19 June 2020. SARS extends its appreciation and thanks to those Multi-National Entities (MNEs) who participated and collaborated in the initial testing phase of the upload functionality.
30 May 2020 – Country-by-Country trade testing confirmed for 1 June – 12 June 2020
SARS would like to extend its appreciation to the Multi-National Entities (MNEs) who confirmed their interest in participating in the trade testing of the Country-by-Country Reporting (CbC) XML file upload functionality.
We would also like to thank those MNEs that have participated in the question and answer session hosted by SARS.
SARS confirms that the Trade Testing will take place as planned from 1 June to 12 June 2020.
A limited number of MNEs will participate in the trade testing and those that will participate would have received confirmation of the trade testing times and details of the test environment.
6 May 2020 – Clarity on the OECD reference documents relating to Country-by-Country (CbC) reporting
See our correspondence issued to MNE’s to address the issue and also see the updated BRS on the OECD CbC Reporting version 2.5 and and OECD referenced documentation:
29 April 2020 – Invitation to participate in Trade Testing for Country-by-Country reporting submission functionality
SARS is in the process of affording Multinational Entities (MNEs) an alternative functionality to enable them to submit their Country-by-Country (CbC) reports. See our correspondence to MNEs here and click here for the BRS on the OECD CbC Reporting version 2.4.
25 June 2018 – New exchange of information system kicks off
SARS has implemented a system that provides for the transmission of CbC reports to other tax jurisdictions in terms of the Multilateral Competent Authority Agreement (MCAA) and the bilateral Competent Authority Agreement, as well as the exchange of transfer pricing documentation on request between the participating authorities.
