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Dispute Resolution Services Page: 1Residential Tenancy Branch Ministry of Housing and Social Development DECISIONDispute Codes CNC, ARE, OIntroductionThis hearing dealt with an Application for Dispute
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CNC LREO stands for Country-by-Country Report (CbCR) and Local File/ Master File (Lf/Mf) Request for Exchange Only.
Ultimate Parent Entities (UPEs) of multinational enterprise (MNE) groups are required to file CNC LREO.
CNC LREO can be filled out electronically through the tax authority's online portal or by submitting the required forms via mail.
The purpose of CNC LREO is to provide tax authorities with information on the global allocation of income, taxes paid, and other indicators of the economic activity of MNE groups.
CNC LREO requires information such as revenue, profits, taxes paid, number of employees, tangible assets, and business activities in each tax jurisdiction.
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