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What is acbid-formcdr?
acbid-formcdr stands for Annual Country-By-Country Report form, it is a form used to report certain tax-related information to tax authorities.
Who is required to file acbid-formcdr?
Multinational enterprises with consolidated group revenue above a certain threshold are required to file acbid-formcdr.
How to fill out acbid-formcdr?
acbid-formcdr can be filled out electronically through the designated portal provided by the tax authorities.
What is the purpose of acbid-formcdr?
The purpose of acbid-formcdr is to provide tax authorities with information about the global allocation of the multinational enterprise's income and taxes paid.
What information must be reported on acbid-formcdr?
Information such as revenue, profits, taxes paid, number of employees, and assets of the multinational enterprise in each tax jurisdiction must be reported on acbid-formcdr.
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