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MODIFICATION APPROVAL APPLICATION FORM A. DETAILS OF AIRCRAFT: 1. Registration Mark: P4 2. Aircraft Manufacturer: 3. Model: 4. Serial No.: 5. Certification basis: 6. Operator: B. DETAILS OF MODIFICATION:
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New form ins 4048 is a form required by the Internal Revenue Service (IRS) for reporting certain offshore assets and income.
U.S. citizens, resident aliens, and certain non-resident aliens who have specified foreign financial assets that exceed certain thresholds are required to file new form ins 4048.
New form ins 4048 must be filled out accurately and completely, providing information on specified foreign financial assets and income.
The purpose of new form ins 4048 is to detect and deter tax evasion by U.S. persons holding assets and earning income offshore.
Information such as the type of asset, its maximum value during the tax year, and information on income generated from the assets must be reported on new form ins 4048.
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