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Foreign resident capital gains withholding clearance certificate application Completing this form print clearly in BLOCK LETTERS using a black or dark blue pen only fields marked with an asterisk
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What is foreign resident capital?
Foreign resident capital refers to funds or assets held outside the country by individuals or entities who are not residents of that country.
Who is required to file foreign resident capital?
Individuals or entities who hold funds or assets outside the country and are not residents of that country are required to file foreign resident capital.
How to fill out foreign resident capital?
Foreign resident capital can be filled out by providing details of funds or assets held outside the country, including the amount, location, and purpose of the capital.
What is the purpose of foreign resident capital?
The purpose of foreign resident capital is to track funds or assets held outside the country by non-residents in order to ensure compliance with tax and reporting requirements.
What information must be reported on foreign resident capital?
Information that must be reported on foreign resident capital includes the amount of funds or assets held outside the country, the location of the capital, and the purpose of holding the capital.
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