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Microsoft Word Capsuling Training Record.doc Author: without Created Date: 3/7/2012 12:29:26 PM ...
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What is capslink?
Capslink is a reporting platform used to provide information about investments in specified foreign corporations.
Who is required to file capslink?
Any U.S. person who owns 10% or more of a specified foreign corporation must file capslink.
How to fill out capslink?
Capslink can be filled out online through the IRS website using the appropriate forms and information.
What is the purpose of capslink?
The purpose of capslink is to report foreign investments and ensure compliance with U.S. tax laws.
What information must be reported on capslink?
Information such as the name of the foreign corporation, the taxpayer's ownership percentage, and income earned from the investment must be reported on capslink.
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