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Get the free LD A 247 Multi-Year Project Quarterly Financial and Narrative Report - reportitnow

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Print Save Email JESSE WHITE Secretary of State & State Librarian Illinois State Library, Gwendolyn Brooks Building 300 S. Second St., Springfield, IL 627011796 Illinois State Library MULTIYEAR PROJECT
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LD A 247 multi-year refers to the country-by-country reporting requirements established by the Organisation for Economic Co-operation and Development (OECD) to provide tax authorities with information about multinational companies and their operations across different jurisdictions.
Multinational enterprises with annual consolidated group revenue of €750 million or more are required to file LD A 247 multi-year reports.
To fill out LD A 247 multi-year reports, multinational companies need to provide information on the allocation of income, taxes paid and economic activity among jurisdictions where they operate.
The purpose of LD A 247 multi-year reporting is to enhance transparency and allow tax authorities to assess the tax risks associated with multinational companies' operations.
On LD A 247 multi-year reports, multinational companies must report information on revenues, profits, taxes paid, employees, assets, and activities in each jurisdiction where they operate.
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