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REPUBLIC OF VANUATU INSURANCE ACT NO.54 OF 2005 INSURANCE REGULATIONS ORDER NO.16 OF 2006 Arrangement of Sections PART 1 INTERPRETATION 1 Interpretation PART 2 INSURANCE BUSINESS 2 Application for

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What is automatic exchange of information?

The automatic exchange of information is a process where tax authorities of different countries share financial information about their taxpayers in a automated and standardized format.

Who is required to file automatic exchange of information?

Financial institutions and tax authorities are usually required to file automatic exchange of information. However, specific requirements may vary depending on the jurisdiction.

How to fill out automatic exchange of information?

The process to fill out automatic exchange of information typically involves gathering relevant financial information about taxpayers, preparing the information in the required format, and submitting it to the designated tax authority or recipient.

What is the purpose of automatic exchange of information?

The purpose of automatic exchange of information is to enhance tax transparency and combat tax evasion by allowing tax authorities to share and access financial information of taxpayers across different jurisdictions.

What information must be reported on automatic exchange of information?

The specific information that must be reported on automatic exchange of information can vary depending on the jurisdiction. However, it typically includes details about the taxpayer's financial accounts, income, assets, and investments.

How can I get automatic exchange of information?

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