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DEPARTMENT City of Los AngelesCITY PLANNINGCalifornia200 N. Spring Street, Room 532 Los Angeles, CA 900124801EXECUTIVE OFFICES VINCENT P. BURTON, ICP director(213) 9781271cultural heritage commission

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What is c vos?

C vos stands for "Country-by-Country Reporting" which is a reporting requirement established by the Organization for Economic Cooperation and Development (OECD) for multinational enterprises to provide information on their global allocation of income, taxes paid, and other indicators.

Who is required to file c vos?

Multinational enterprises with annual consolidated group revenue of €750 million or more are required to file c vos.

How to fill out c vos?

C vos is typically filled out in XML format using specific software provided by tax authorities. The reporting entity must input information on revenue, taxes paid, and other relevant data for each tax jurisdiction in which they operate.

What is the purpose of c vos?

The purpose of c vos is to increase transparency and allow tax authorities to assess transfer pricing risks, economic activities, and taxes paid by multinational enterprises in different countries.

What information must be reported on c vos?

Information that must be reported on c vos includes revenue, profit, taxes paid, employees, assets, and other economic indicators for each tax jurisdiction where the multinational enterprise operates.

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