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2.b AGENDA ITEM NO. REPORT TO MAYOR AND COUNCIL TO THE HONORABLE MAYOR AND COUNCIL: DATE: September 21, 2009, SUBJECT: LEASE AGREEMENT BETWEEN THE UNITED STATES OF AMERICA AND THE CITY OF CONCORD
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CRS 2B agreement is an agreement between two tax jurisdictions to exchange financial account information.
Financial institutions, such as banks, investment funds, and insurance companies, are required to file CRS 2B agreement with their respective tax authorities.
The process for filling out CRS 2B agreement may vary depending on the jurisdiction. Generally, financial institutions need to provide information about the account holders and the relevant financial accounts.
The purpose of CRS 2B agreement is to facilitate the automatic exchange of financial account information between tax jurisdictions, aiming to combat tax evasion and ensure tax compliance.
CRS 2B agreement requires financial institutions to report various information, including the account holder's name, address, tax identification number, account balance, income, and more.
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