TaxTMI 
TaxTMI 
Report by a parent entity or an alternate reporting entity or any other constituent entity, resident in India, for the purposes of sub-section (2) or sub-section (4) of section 286 of the Income-tax Act, 1961
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....ity of the international group PART A: OVERVIEW OF ALLOCATION OF INCOME, TAXES AND BUSINESS ACTIVITIES BY TAX JURISDICTION Name of the Multinational Enterprise group: Reportable accounting year: Currency used: Tax Jurisdiction Revenues Profit(Loss) before Income Tax Income Tax Paid (on Cash Basis) Income Tax Accrued -Reportable Accounting Year Stated Capital Accumulated Earnings Number of Number of Employees Tangible Assets other than Cash and Cash Equivalents Unrelated Party Related Party Total ....
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....m competent to furnish the said information and verify it. ........................ Signatur ........................ Address of the declarant ................................. PAN of the declarant Place: ............ Date: ............... Note 1: *Strike off whichever is not applicable **This form has to be signed by the person competent to verify the return of income under section 140. Note 2: Specific instructions Part A 1. In the column titled "Tax Jurisdiction", the Reporting multi-national enterprise (MNE) should list all of the tax jurisdictions in which Constituent Entities of the MNE group are resident for tax purposes. A tax jurisdiction is defined as a State as well as a non-State jurisdiction which has fisc....
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....t tax jurisdiction. The profit (loss) before income tax should include all extraordinary income and expense items. 4. Under the column titled "Income Tax Paid (on Cash Basis)", the Reporting MNE should report the total amount of income tax actually paid during the relevant fiscal year by all Constituent Entities resident for tax purposes in the relevant tax jurisdiction. Taxes paid should include cash taxes paid by the Constituent Entity to the residence tax jurisdiction and to all other tax jurisdictions. Taxes paid should include withholding taxes paid by other entities (associated enterprises and independent enterprises) with respect to payments to the Constituent Entity. Thus, if company A resident in tax jurisdiction A earns interest ....
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....loyees on a full-time equivalent (FTE) basis of all Constituent Entities resident for tax purposes in the relevant tax jurisdiction. The number of employees may be reported as of the year-end, on the basis of average employment levels for the year, or on any other basis consistently applied across tax jurisdictions and from year to year. For this purpose, independent contractors participating in the ordinary operating activities of the Constituent Entity may be reported as employees. Reasonable rounding or approximation of the number of employees is permissible, providing that such rounding or approximation does not materially distort the relative distribution of employees across the various tax jurisdictions. Consistent approaches should b....
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.... 12. Under the column titled "Main Business Activity(-ies)", the Reporting MNE should determine the nature of the main business activity(ies) carried out by the Constituent Entity in the relevant tax jurisdiction, by ticking one or more of the appropriate boxes. In this column, if the Reporting MNE chooses the option 'Other', then it shall be required to specify the nature of the activity of the Constituent Entity in the "Part C: Additional Information" section.] ******************* Notes:- 1 Inserted vide notification no. 92/2017 dated 31.10.2017 ============= Document 1 PART B: LIST OF ALL THE CONSTITUENT ENTITIES OF THE MULTINATIONAL ENTERPRISES GROUP INCLUDED IN EACH AGGREGATION PER TAX JURISDICTION Name of the Multinatio....