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Appendix I KNOW YOUR CLIENT(KYC), FATWA & CRS SELF CERTIFICATION FORM FOR INDIVIDUALS (INCLUDING SOLE PROPRIETOR) (Please seek appropriate advice from your professional tax advisor on your residency
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The FATCA-Individual Form-Annexure I is a form used for reporting financial accounts held by individuals to comply with the Foreign Account Tax Compliance Act.
Individuals who meet certain criteria, such as having foreign financial accounts, are required to file the FATCA-Individual Form-Annexure I.
The FATCA-Individual Form-Annexure I can be filled out by providing information about foreign financial accounts, including account numbers, balances, and any income earned.
The purpose of the FATCA-Individual Form-Annexure I is to help prevent tax evasion by requiring individuals to report their foreign financial accounts to the tax authorities.
Information such as account numbers, balances, and income earned from foreign financial accounts must be reported on the FATCA-Individual Form-Annexure I.
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