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DRAFT Nature Strip Policy September 2014CI Assets 02BALLARAT CITY COUNCIL Town Hall Start St Ballarat VIC 3350 Tel. 5320 5500Draft Nature Strip PolicyTABLE OF CONTENTS 1DOCUMENT CONTROL INFORMATION
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ci assets 02 refers to the form used to report assets of a controlled foreign corporation.
Any U.S. person who owns or controls a certain percentage of a foreign corporation is required to file ci assets 02.
ci assets 02 can be filled out by providing detailed information about the assets held by the foreign corporation, including their value and location.
The purpose of ci assets 02 is to track and report the assets of foreign corporations owned or controlled by U.S. persons for tax purposes.
Information such as the type of assets, their value, location, and any income generated from them must be reported on ci assets 02.
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