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PREDEPARTURE PACKET1CISB YEAR 5EXPLORE SHANGHAI by Camp GreenwoodsCanadian International School of Beijing May 25, 2023, Year 5Venture, Explore, Expand2CISB YEAR 5PROGRAM INTRO Shanghai. We've arrived.
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What is cisb year 5?
CISB Year 5 refers to the fifth year of filing the Country-by-Country (CbC) Information System.
Who is required to file cisb year 5?
Multinational enterprises with consolidated group revenue exceeding the threshold set by the tax authorities are required to file CISB Year 5.
How to fill out cisb year 5?
CISB Year 5 should be filled out electronically through the designated portal provided by the tax authorities, following the guidelines and templates provided.
What is the purpose of cisb year 5?
The purpose of CISB Year 5 is to provide tax authorities with information on the global allocation of the income, taxes paid, and other indicators of economic activity of multinational enterprises.
What information must be reported on cisb year 5?
CISB Year 5 must include information such as revenue, profits, taxes paid and accrued, number of employees, tangible assets, and other relevant financial and operational data of the multinational enterprise.
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