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OF.t.RF!..... 'Ministry of Municipal AffalrsOntarioAct, 1 996 (Section 88.25)FH J '. J, C “1+4 O “rJvlnstructionsFinancial Statement Auditor's Report Candidate Form 4All. Candidates must complete
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MM E LA stands for Multilateral Exchange of Country-By-Country Reports.
Ultimate parent entities of multinational enterprise (MNE) groups with annual consolidated group revenue of EUR 750 million or more are required to file MM E LA.
MM E LA is filled out electronically through the country-by-country reporting (CbCR) software provided by tax authorities.
The purpose of MM E LA is to enhance transparency and provide tax authorities with information to assess transfer pricing risks.
MM E LA requires reporting of revenue, profit/loss, taxes paid, capital, earnings, tangible assets, and number of employees for each tax jurisdiction where the MNE operates.
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