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B U S I N E S S R E Q U I R E M E N T S S P E C I F I C AT I O N : Automatic Exchange of Information (Includes FATWA and the Common Reporting Standard (CRS)) Version: V 2.0.0 Date: 29 February 2016
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What is b u s i?
B U S I stands for Business Income Tax Return.
Who is required to file b u s i?
Any individual or business entity that has business income is required to file B U S I.
How to fill out b u s i?
B U S I can be filled out electronically or by mail using the official forms provided by the tax authority.
What is the purpose of b u s i?
The purpose of B U S I is to accurately report business income and calculate the tax liability based on the income.
What information must be reported on b u s i?
Information such as total business income, expenses, deductions, and credits must be reported on B U S I.
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