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C O M P L E T E B U Y S ID E C O MP L IA N C E MA N A G E ME N T O F R E S E A RC H P R O V ID E R S A N D B R O K E Compliance Telescope is a powerful new platform designed to streamline the due
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What is c o m p?
C O M P stands for Country-by-Country Reporting and is a requirement for multinational enterprises to report their revenue, profit, taxes paid, and other indicators per country.
Who is required to file c o m p?
Multinational enterprises with a consolidated group revenue exceeding a certain threshold are required to file C O M P.
How to fill out c o m p?
C O M P is typically filled out through specific reporting templates provided by tax authorities in each jurisdiction where the multinational enterprise operates.
What is the purpose of c o m p?
The purpose of C O M P is to provide tax authorities with insight into the global operations, revenue, and tax paid by multinational enterprises to prevent tax avoidance and base erosion.
What information must be reported on c o m p?
Information such as revenue, profit, taxes paid, employees, and assets allocated per country must be reported on C O M P.
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