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Form Center FOR EXTERNAL DEGREES & PROFESSIONAL LEARNING (CED PL) SEUSS, University Park, Olivia. Stamp Size Photo Tel: +94 67 20 52801 EXAMINATION ENTRY FORM, g;GBJ;IMG; G+USG;GLS;JD;, j;JLD;, if;FG;GL;Ls;s
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What is cedpl?
CEDPL stands for Country-by-Country Reporting (CbCR) Entity Definitions and Procedures. It is used by multinational enterprises to report their income, taxes paid, and other indicators of economic activity on a country-by-country basis.
Who is required to file cedpl?
Multinational enterprises with a total consolidated group revenue of EUR 750 million or more in the previous fiscal year are required to file CEDPL.
How to fill out cedpl?
CEDPL can be filled out electronically through the designated tax authority's online portal. The reporting entity must provide detailed information about its operations in each tax jurisdiction where it operates.
What is the purpose of cedpl?
The purpose of CEDPL is to enhance transparency and allow tax authorities to assess transfer pricing risks and other base erosion and profit shifting issues.
What information must be reported on cedpl?
CEDPL typically requires information on revenue, profit before income tax, income tax paid, income tax accrued, stated capital, accumulated earnings, number of employees, and tangible assets other than cash and cash equivalents in each tax jurisdiction where the multinational enterprise operates.
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