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Advisory Council on Career and Life Strategies (AC CLS) Health & Wellness Taxable Reimbursement Program January 1, 2017, June 30, 2017, Fitness Center and Weight Management Taxable Reimbursement Program
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What is accls?
ACCLS stands for Annual Country by Country report for Large Multinationals.
Who is required to file accls?
Large Multinationals with total consolidated group revenue exceeding a certain threshold are required to file ACCLS.
How to fill out accls?
ACCLS can be filled out online through the designated tax authority's website or through specialized accounting software.
What is the purpose of accls?
The purpose of ACCLS is to provide tax authorities with information on the global allocation of the income, taxes paid, and certain indicators of the economic activity of multinational enterprises.
What information must be reported on accls?
Information such as the revenue, profit, taxes paid, employees, and assets of the multinational enterprise in each country where it operates must be reported on ACCLS.
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