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/NORAD SOLE RADIOACTIVE LLC108 Teal Street St. Rose LA 70087April 28, 2017 Director, Division of Spent Fuel Management Office of Nuclear Material Safety and Safeguards ATTN: Document Control Desk U.S.
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SO-RAD stands for Statement of Reportable Accounts and Designated Entities, it is a form used to report information on reportable accounts and designated entities in compliance with tax regulations.
Financial institutions and designated entities are required to file SO-RAD if they have reportable accounts or meet the criteria for designated entities as per tax regulations.
SO-RAD can be filled out electronically through the designated online platform provided by the tax authorities. The form will require information on reportable accounts and designated entities.
The purpose of SO-RAD is to provide tax authorities with information on reportable accounts and designated entities for compliance purposes and to prevent tax evasion.
Information such as account holder details, account balances, interest income, and any other relevant financial information must be reported on SO-RAD.
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