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Dominique Redman 01495 766294 01495 766059 Dominique. Redman Torfaen.gov.UK 2 January 2013 Dear Councillor You are invited to attend a SPECIAL MEETING of the LEARNING COMMUNITIES OVERVIEW AND SCRUTINY
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What is cixc?
CIXC stands for 'Country-by-Country Reporting' which is a new international standard for tax transparency.
Who is required to file cixc?
Multinational enterprises with annual revenue exceeding a certain threshold are required to file CIXC.
How to fill out cixc?
CIXC can be filled out electronically through the designated tax authorities' portal.
What is the purpose of cixc?
The purpose of CIXC is to provide tax authorities with information about the global allocation of the multinational enterprise's income.
What information must be reported on cixc?
Information such as revenues, profits, taxes paid, employees, and assets in each jurisdiction where the multinational enterprise operates must be reported on CIXC.
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