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What is shining a light on?

Shining a Light On is a specific financial disclosure requirement that aims to provide transparency regarding the payments made by corporations to certain government entities.

Who is required to file shining a light on?

Entities involved in extracting resources, such as oil, gas, and mining companies, are generally required to file Shining a Light On disclosures.

How to fill out shining a light on?

To fill out Shining a Light On, companies must report detailed information regarding their payments to governments, typically including the amount, the recipient government, and the type of payment.

What is the purpose of shining a light on?

The purpose of Shining a Light On is to enhance transparency and accountability in how payments are made to governments by resource extraction companies, thereby reducing corruption.

What information must be reported on shining a light on?

The report must include the total payments made, the specific government entities that received the payments, the payment types (e.g., taxes, royalties), and the project associated with each payment.