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Submission No. 245 Authorized: i2IiCiOGovernment of South Australia Department for Families and CommunitiesSubmission by the Government of South Australia to the House of Representatives Standing
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Authorised i2iicio stands for Authorised Intermediaries and Country-by-Country International Information and Compliance Obligations. It is a reporting requirement for multinational enterprises.
Multinational enterprises meeting certain criteria are required to file authorised i2iicio.
Authorised i2iicio can be filled out online through the designated portal provided by the tax authority.
The purpose of authorised i2iicio is to provide tax authorities with information about the global allocation of income, taxes paid, and economic activity among tax jurisdictions where multinational enterprises operate.
Authorized i2iicio requires reporting on the revenues, profits, taxes paid, employees, assets, and activities of multinational enterprises in each tax jurisdiction.
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