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Virginia Appellate Courts brief System (RACES) Registration Application Fields marked with an asterisk (*) are required. *Select One: Initial Registration Complete All SectionsUpdate Organization
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What is vaces?
VACES stands for Value Added Country by Country Reporting and is a reporting requirement for multinational companies to report specific financial and tax information.
Who is required to file vaces?
Multinational companies with operations in multiple countries are required to file VACES.
How to fill out vaces?
VACES can be filled out electronically through the designated government portal or tax authority website.
What is the purpose of vaces?
The purpose of VACES is to provide tax authorities with detailed financial and tax information of multinational companies to assess tax compliance.
What information must be reported on vaces?
Information such as revenue, profit, taxes paid, employees, and assets in each country of operation must be reported on VACES.
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