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C G P R O F I T B U I L D I N G P R O G R A M Great Savings on High Performance Brands JULY TO SEPTEMBER 2011 EARN UP TO CASH BACK with purchase of these leading Colgate Palmolive brands Buy
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C C G stands for Country-by-Country Reporting, which is a requirement for multinational enterprises to provide tax authorities with information on their global allocation of income and taxes paid.
Multinational enterprises with total consolidated group revenue exceeding a specified threshold are required to file Country-by-Country Reports.
Country-by-Country Reports can be filled out electronically using the specific reporting templates provided by tax authorities.
The purpose of Country-by-Country Reporting is to enhance transparency and help tax authorities assess transfer pricing and base erosion and profit shifting risks.
Country-by-Country Reports typically include information on the distribution of income, taxes paid, and certain economic activities within each tax jurisdiction.
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