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HKI CPA seminar: Localization of BEDS in China Program Code: TFP151216S We are lucky to be in the generation where we are able to witness the shaping and formation of the Transfer Pricing (TP) grounds

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What is localisation of beps in?

The localisation of BEPS refers to the requirement for multinational companies to provide detailed information about their business operations, profits, and taxes in each country where they operate.

Who is required to file localisation of beps in?

Multinational companies that meet certain revenue thresholds and have operations in multiple countries are required to file localisation of BEPS.

How to fill out localisation of beps in?

Companies must provide specific information through a standardized template, as specified by the tax authorities in each jurisdiction where they operate.

What is the purpose of localisation of beps in?

The purpose of the localisation of BEPS is to improve transparency and combat tax avoidance by multinational companies through the exchange of information between tax authorities.

What information must be reported on localisation of beps in?

Information such as revenue, profits, taxes paid, employees, tangible assets, and activities of the multinational company in each jurisdiction where they operate.

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