U.S. doesn’t need CbC ‘Master’ or ‘Local’ files… for now: Robert Stack, Deputy Assistant Secretary (International Tax Affairs) at the U.S. Treasury
The U.S. has not implemented Master File and Local File because the IRS says that, for now at least, it does not need Master and Local files as it already has enough information from taxpayers for its needs. That is the view of Robert Stack, Deputy Assistant Secretary (International Tax Affairs) at the U.S. Treasury,…