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Licking County Family YMCA Swim Team (LCF) OKTOBERFEST INVITATIONAL LCFYSharks.org ENTRY DEADLINE: Entries may be submitted beginning Monday, October 1, 2012, starting at 12:00 noon and ending on
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LCFY stands for Local Country File, which is a transfer pricing documentation requirement.
Multinational Enterprises (MNEs) with operations in multiple countries are required to file LCFY.
LCFY must be filled out according to the specific transfer pricing regulations of each country where the MNE operates.
The purpose of LCFY is to provide detailed information on the MNE's global operations, transfer pricing policies, and related party transactions.
LCFY typically requires information on the MNE's organizational structure, business activities, intercompany transactions, and financial data.
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