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Lucas CRC stands for Common Reporting Standard (CRS) and is a system designed to facilitate the automatic exchange of financial information between different countries' tax authorities.
Financial institutions such as banks, investment funds, and insurance companies are required to file Lucas CRC.
To fill out Lucas CRC, financial institutions need to collect relevant financial information about their customers and report it to the tax authorities in the specified format.
The purpose of Lucas CRC is to prevent tax evasion by ensuring that financial information is reported accurately and consistently across different countries.
Information such as account balances, interest income, dividends, and other financial details must be reported on Lucas CRC.
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