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Management Liability Choice for UK companies November 2015 editionContents Welcome to AXA4 Your policy4 radar advisory service and important phone numbers5 Policy conditions7 Policy exclusions11 Policy
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Opus-CBCS (Country-by-Country Reporting) is a tool for multinational companies to report key financial and tax information for each tax jurisdiction they operate in.
Multinational companies with revenue above a certain threshold are required to file Opus-CBCS.
Opus-CBCS can be filled out electronically through the designated platform provided by tax authorities, following the guidelines and instructions provided.
The purpose of Opus-CBCS is to increase transparency in multinational companies' tax practices and help tax authorities assess potential tax risks.
Information such as revenue, profits, taxes paid, number of employees, and business activities conducted in each tax jurisdiction must be reported on Opus-CBCS.
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