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DAILY & WOODS JE R Y L. C A FIE LD, P. A. T H O MA S A. D AIL Y, P. A. W Y M A N R. WAD E, JR., P.A. D O UG L A S M. C AR S O N, P.A. RO B E R T R. B R EGG S, P. A. * C. M IC H A E L D A IL Y CO B
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What is t h o ma?
T H O M A stands for Tax Haven and Offshore Assets Reporting. It is a reporting requirement for individuals who have offshore assets and income.
Who is required to file t h o ma?
Individuals who have offshore assets and income are required to file T H O M A.
How to fill out t h o ma?
T H O M A can be filled out online through the tax authorities' website. It requires providing information about offshore assets, income, and related transactions.
What is the purpose of t h o ma?
The purpose of T H O M A is to ensure that individuals accurately report and pay taxes on their offshore assets and income, and to prevent tax evasion and avoidance.
What information must be reported on t h o ma?
On T H O M A, individuals must report details of their offshore bank accounts, investments, income earned from offshore sources, and any transactions related to those assets.
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