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The Form 5513 R Fillable by Angelika Forster Click here for Free Registration of The Form 5513 R Fillable Book Rated from 74 votes Book ID: 216D2506BC058A3D19A40DE8F21471C7 Date of publishing: December
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Palmday is a reporting requirement for certain entities to disclose assets and liabilities held offshore.
Individuals and entities with offshore assets exceeding a certain threshold are required to file palmday.
Palmday can be filled out online through the designated portal or submitted by mail to the relevant tax authority.
The purpose of palmday is to combat tax evasion and ensure transparency of offshore assets.
Information such as the value of offshore assets, details of financial accounts, and any income generated from offshore investments must be reported on palmday.
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