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What is at its?

At its stands for Automatic Exchange of Information. It is an international standard for the exchange of financial account information between tax authorities to combat tax evasion and ensure tax compliance.

Who is required to file at its?

Financial institutions, such as banks, investment companies, and insurance companies, are required to file at its to report the financial account information of their customers.

How to fill out at its?

Financial institutions can fill out at its electronically through the Common Transmission System (CTS) provided by their local tax authority.

What is the purpose of at its?

The purpose of at its is to provide tax authorities with information about foreign financial accounts held by their residents, so that they can ensure tax compliance and combat tax evasion.

What information must be reported on at its?

Financial institutions must report the account holder's name, address, tax identification number, account balance, and income earned on the account.