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We val - uc stands for Wealth Tax Valuation and also known as we val. It is a tax return filed by individuals and entities to report their wealth and assets to the tax authorities.

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The purpose of we val - uc is to assess and collect tax on the wealth and assets of individuals and entities in order to generate revenue for the government.

What information must be reported on we val - uc?

On we val - uc, individuals and entities must report all assets, liabilities, income sources, investments, and other financial information that contribute to their total wealth.