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SUMMARY OF ACTED SURVEY ON REVOCABLE TRUSTS Ira Mark Bloom1 Chair, Revocable Trusts Subcommittee, ACTED State Laws Committee Background The Revocable Trusts Subcommittee of the States Laws Committee
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The summary of actec survey is a report that provides data on certain transactions between U.S. persons and foreign entities.
U.S. persons who engage in covered transactions with foreign entities are required to file the summary of actec survey.
The summary of actec survey can be filled out online through the appropriate government portal or submitted in paper form via mail.
The purpose of the summary of actec survey is to collect data on cross-border transactions for analysis and compliance purposes.
The summary of actec survey requires information on the nature and value of covered transactions, as well as the parties involved.
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