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CHEERS: 1) GO, CHS (toe touch) Set 1,2,3,4 Devils stand up and yell GO, GO Devils lets hear you spell CHS GO, GO, CHS! 2) Get Ready (toe touch) Set 1,2,3,4 Hey Get ready! The best is yet to come!

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What is cheers?

Cheers is an acronym for Country-by-Country Reporting Exchange System.

Who is required to file cheers?

Multinational companies with a total consolidated group revenue exceeding a certain threshold are required to file cheers.

How to fill out cheers?

Cheers can be filled out electronically through the designated online portal provided by the tax authorities.

What is the purpose of cheers?

The purpose of cheers is to provide tax authorities with information about the global allocation of the income, taxes paid, and economic activities of multinational companies.

What information must be reported on cheers?

Cheers requires reporting of income, taxes paid, employees, assets, and activities in each tax jurisdiction where the company operates.

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