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Queensland Government Gazette Queensland Government Gazette PUBLISHED BY AUTHORITY PP 451207100087 Vol. 359 ISSN 01559370 Friday 9 March 2012 The Queensland Government spends over $100 million per

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What is untitled country-by-country reporting and?

Untitled country-by-country reporting is a regulation that requires multinational enterprises to provide detailed information about their global activities, profits, taxes paid, and employees in each country they operate in.

Who is required to file untitled country-by-country reporting and?

Multinational enterprises that meet certain criteria, such as having a consolidated group revenue above a certain threshold, are required to file untitled country-by-country reporting.

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Untitled country-by-country reporting forms can typically be filled out electronically through a designated portal or platform provided by the tax authorities. The forms require the submission of specific financial and operational data for each country of operation.

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The purpose of untitled country-by-country reporting is to increase transparency in the tax affairs of multinational enterprises, enable assessment of transfer pricing risks, and enhance base erosion and profit shifting (BEPS) outcomes.

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Untitled country-by-country reporting requires the reporting of various information, including the nature of the business activities conducted in each country, the revenue and profits generated, the taxes paid, the number of employees, and the assets and liabilities held.

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