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Form 61B Schema Change Document Version 1.3 April 2017 Form 61B Schema change document V 1.3 Revision List Document Name : Form 61B Schema change document Version Number : 1.3 Revision Number Revision
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Who needs form 61b?

01
Individuals who have received income from a foreign source and are required to report it.
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Taxpayers who have engaged in foreign financial transactions exceeding a certain threshold specified by the tax authorities.
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Anyone who has foreign assets or investments that need to be disclosed.
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Entities or individuals who have been specifically requested to fill out this form by the tax authorities.
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Form 61b is a document used for reporting financial information related to business activities.
Individuals and businesses engaged in certain types of financial transactions are required to file form 61b.
Form 61b can be filled out online or submitted through mail with all required information accurately provided.
The purpose of form 61b is to provide detailed financial information to regulatory authorities for compliance and monitoring purposes.
Form 61b requires reporting of income, expenses, assets, liabilities, and other financial data related to the business activities.
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