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2021 END CCI Q4[INTRODUCTION] The Construction Industry Confidence Index (CCI) Survey results provide an important insight into the current and future health of the construction industry. The AEC
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What is c o s t?
COST stands for Country-by-Country Reporting. It is an international reporting standard for multinational corporations to report financial and tax information.
Who is required to file c o s t?
Multinational corporations meeting specific revenue thresholds are required to file COST.
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COST is typically filled out electronically using specific reporting software, following the guidelines provided by tax authorities.
What is the purpose of c o s t?
The purpose of COST is to increase transparency and provide tax authorities with important financial and tax information about multinational corporations.
What information must be reported on c o s t?
COST requires reporting on revenue, profits, taxes paid, number of employees, and other key financial data for each country in which the corporation operates.
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