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Name : Serial No: Chapter 12 Issue of shares and debentures () 12.2 Classification of share capital () 12.2.1 Preference shares vs. ordinary shares () Shares are usually called stock. Preference shares
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To fill out FLSS BAFS, you will need to gather all the necessary information and documentation related to your financial situation. This may include income statements, tax returns, and any other relevant financial records.
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Begin by carefully reading the instructions provided with the FLSS BAFS form. Make sure you understand each section and the information that needs to be provided.
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Start filling out the form by entering your personal information, such as your name, address, contact details, and social security number. Double-check for any errors or omissions.
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Once you have completed all the required sections of the form, carefully review the information you have provided. Check for any errors, missing information, or inconsistencies.
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Sign and date the form, acknowledging that the information provided is true and accurate to the best of your knowledge.
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Keep a copy of the filled-out FLSS BAFS form for your records and submit it to the appropriate authority or organization as instructed. This may vary depending on the specific requirements and purpose of the form.
Who needs FLSS BAFS? FLSS BAFS may be needed by individuals or families who are applying for financial assistance, benefits, or programs that require the assessment of their financial situation. This may include social welfare programs, scholarships, grants, or subsidized housing applications. It is important to check with the specific program or organization to determine if FLSS BAFS is required and to understand the purpose it serves in the application process.
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FLSS BAFS stands for Foreign Bank and Financial Accounts report.
Any U.S. person who has a financial interest in or signature authority over foreign financial accounts is required to file FLSS BAFS.
FLSS BAFS can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.
The purpose of FLSS BAFS is to report foreign financial accounts held by U.S. persons to the government.
Information such as the account number, name and address of the financial institution, and the maximum value of the account during the reporting period.
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