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Host Country: Papua New Guinea Name of Borrower: CGLOBDIGICEL (PNG) LIMITED U.S. Sponsor: Citibank N.A. Approved/Committed Date 02/16/2012 Foreign Sponsor: N/A Project Description: Mobile telecommunications'
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What is cglob?
cglob stands for Common Reporting Standard (CRS) and is a regulation developed by the Organization for Economic Co-operation and Development (OECD) to combat tax evasion.
Who is required to file cglob?
Financial institutions located in participating jurisdictions are required to file cglob.
How to fill out cglob?
cglob can be filled out electronically through the OECD's online reporting portal.
What is the purpose of cglob?
The purpose of cglob is to enable the automatic exchange of financial information between tax authorities to combat tax evasion and ensure compliance with tax laws.
What information must be reported on cglob?
cglob requires financial institutions to report information about their customers' financial accounts, such as account balances, interest, dividends, and capital gains.
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