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CASE SUMMARIES Canapé of company: Business focus: Principal countries/markets: Language areas:sports goods improving market share Canada, UK reading background information finding out basic facts

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2. Read through the instructions provided on the can-am form carefully. Make sure you understand what information needs to be filled out in each section.
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Who needs can-am?

1. Individuals planning to travel internationally may need a can-am form. The can-am form is used to declare any cash or monetary instruments exceeding a certain threshold when entering or leaving a country, as required by customs and border protection agencies.
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What is can-am?

Can-am refers to the Common Reporting Standard (CRS) and the Automatic Exchange of Information (AEOI), which is a global standard for the automatic exchange of financial information between tax authorities.

Who is required to file can-am?

Financial institutions, such as banks, investment companies, and certain insurance companies, are required to file can-am.

How to fill out can-am?

Can-am forms can be filled out electronically through the relevant tax authority's online portal.

What is the purpose of can-am?

The purpose of can-am is to combat tax evasion by ensuring that financial information is automatically exchanged between countries.

What information must be reported on can-am?

Can-am requires the reporting of account balances, interest, dividends, and other financial information of non-resident account holders.

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