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C A P I TA L VA L E Y I P S S A C H A P T E R J U LY Mark your calendar! Next Chapter Meeting: August 5, 2015 6:30pm Dinner 7pm Meeting VFW Hall 8990 Krewson Way Fair Oaks, 95628 Upcoming Meetings
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What is c a p i?
c a p i stands for Country-by-Country Reporting and is a requirement for multinational enterprises to provide information on their global allocation of income, taxes paid, and other indicators of economic activity.
Who is required to file c a p i?
Multinational enterprises with a total consolidated group revenue exceeding a certain threshold are required to file c a p i.
How to fill out c a p i?
c a p i can be filled out electronically through the tax administration's online portal, following the guidelines and instructions provided.
What is the purpose of c a p i?
The purpose of c a p i is to increase transparency and prevent tax avoidance by providing tax authorities with data to assess transfer pricing and base erosion.
What information must be reported on c a p i?
c a p i requires reporting of the multinational enterprise's global allocation of income, taxes paid, and other relevant economic indicators.
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