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BROS F I CECAL C BS I COI NF ORMAOECOMUNI CAI s ma e l S out AAR an up actor Ismael Souza Arturo Psgraduado em Garcia de Projetos PMBOK UNICEF, Graduate em Technology em Segura the Informal UNICEF.
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CBS stands for Country-by-Country Reporting. It is a requirement for multinational enterprises to provide tax authorities with information about their global allocation of income, taxes paid, and other indicators of economic activity.
Multinational enterprises with a consolidated group revenue of at least €750 million are required to file CBS.
CBS reports can be filled out electronically using specific templates provided by tax authorities.
The purpose of CBS is to enhance transparency and allow tax authorities to assess transfer pricing and other tax risks.
CBS requires information on the multinational enterprise's revenue, taxes paid, and geographical distribution of economic activity.
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