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IS-PFS stands for Individual Personal Financial Statement.
Individuals who meet certain criteria, such as high net worth or ownership of significant assets, are required to file IS-PFS.
IS-PFS can be filled out online or on paper and should include details of assets, liabilities, income, and expenses.
The purpose of IS-PFS is to provide a snapshot of an individual's financial situation for evaluation by lenders, investors, or government agencies.
Information on assets, liabilities, income, and expenses must be reported on IS-PFS.
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