Estonia: Country-by-country reporting and transfer pricing documentation deadlines
If the financial year of a group ended on 31 December 2022, the Estonian member of the group must notify the Tax and Customs Board by 30 June 2023.
Transfer pricing documentation deadlines
The KPMG member firm in Estonia prepared the following reports reminding taxpayers of country-by-country (CbC) reporting and transfer pricing documentation deadlines.
CbC reporting
All members of a multinational enterprise group that are tax residents of Estonia must inform the Estonian Tax and Customs Board within six months of the end of a financial year of the reporting entity for their group’s CbC report (which is generally the group’s parent entity), as well as of the reporting entity’s tax residency. Thus, if the financial year of a group ended on 31 December 2022, the Estonian member of the group must notify the Tax and Customs Board by 30 June 2023.
Transfer pricing documentation
Transfer pricing documentation with relevant comparables to prove arm’s length pricing must be submitted to the tax authority within 60 days upon request.
Read a January 2023 report prepared by the KPMG member firm in Estonia
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.