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Worldwide foundation for credit is a tax form used to report information about foreign foundations.
Individuals or entities who have a financial interest in or signature authority over foreign foundations are required to file worldwide foundation for credit.
Worldwide foundation for credit must be completed and submitted to the appropriate tax authorities with accurate information about foreign foundations.
The purpose of worldwide foundation for credit is to ensure that individuals or entities disclose their foreign financial activities and comply with tax regulations.
Information such as the name and address of the foreign foundation, the financial interest of the filer, and any income generated from the foundation must be reported on worldwide foundation for credit.
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