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The Hong Kong College of Otorhinolaryngologists CPD Activity Date 16 July 2011 Venue Room 804, Meeting Room Hong Kong Academy of Medicine Jockey Club Building

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What is hkcorl?

HKCORL stands for Hong Kong Country-by-Country Reporting and is a reporting requirement for multinational enterprises to provide tax authorities with information on their global allocation of income and taxes paid.

Who is required to file hkcorl?

Multinational enterprises with operations in Hong Kong that meet certain revenue thresholds are required to file HKCORL.

How to fill out hkcorl?

HKCORL can be filled out electronically through the designated platform provided by the Hong Kong Inland Revenue Department.

What is the purpose of hkcorl?

The purpose of HKCORL is to enhance tax transparency and combat base erosion and profit shifting by providing tax authorities with information on the global activities of multinational enterprises.

What information must be reported on hkcorl?

Information such as the group's revenue, profit, taxes paid, capital, and number of employees for each tax jurisdiction where the enterprise operates must be reported on HKCORL.