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Appendix 1: NAIL Reinsurance Task Force Exposure Draft Proposed Amendments to the Credit for Reinsurance Model Law (#785) Aon Ben field Analytics Market Update: Implications of Reduced Collateral
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What is appendix 1 - aon?
It is a form used to report information on individuals subject to automatic exchange of information under the Common Reporting Standard (CRS).
Who is required to file appendix 1 - aon?
Financial institutions such as banks, investment funds, and insurance companies are required to file appendix 1 - aon for reportable accounts.
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You can fill out appendix 1 - aon electronically through the designated portal provided by the tax authority or manually by completing the form with the required information.
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The purpose of appendix 1 - aon is to enable tax authorities to obtain information on financial accounts held by non-residents as part of international efforts to combat tax evasion.
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Information such as account holder's name, address, tax identification number, account balance, and income generated from the account must be reported on appendix 1 - aon.
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