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Form AVID Application for Revision under section 73 of the BiharValue Added Act, 2005 See rule 45×4) Before the Commercial Taxes Tribunal, Bihar, Patna I ....................................................................................................
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Form AVII is a tax form used for reporting information related to foreign financial accounts.
US persons including individuals, corporations, partnerships, and trusts with financial interest in or signature authority over foreign financial accounts exceeding certain thresholds are required to file form AVII.
Form AVII can be filled out online or manually by providing information on the account holder, account details, and income generated from the foreign financial accounts.
The purpose of form AVII is to ensure compliance with tax laws by reporting foreign financial accounts and income to the IRS.
Information such as the account holder's name, account number, financial institution's name and address, maximum account value during the year, and income generated from the account must be reported on form AVII.
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