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Start by gathering all the necessary data and information that needs to be included in the global database and report. This can include things like customer information, sales figures, market data, and any other relevant data points.
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Global database and report is a comprehensive document that contains information on various aspects of a company's international operations, such as revenue, expenses, taxes, and profits.
Any company that conducts business internationally and meets certain criteria set by the relevant authorities is required to file a global database and report.
Global database and report can be filled out either manually or through electronic filing systems provided by the tax authorities.
The purpose of global database and report is to provide transparency and ensure that companies are fulfilling their tax obligations in each country where they operate.
Information such as revenue, expenses, taxes paid, profits, and details of related party transactions must be reported on global database and report.
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