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XL Commercial Business Unit Environmental Laboratory Professional and Pollution Legal Liability Application XL Group 505 Eagle view Boulevard, Suite 100, Eaton, PA 19341-1120, USA Tel: 800-327-1414
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us - xl cbu stands for Ultimate Beneficial Owner (UBO) Reporting for the Common Reporting Standard (CRS) and is used to report information about the ultimate beneficial owners of financial accounts.
Financial institutions and other entities that hold financial accounts for customers are required to file us - xl cbu.
us - xl cbu can be filled out electronically through the designated portal provided by the relevant tax authority. The form requires information about the ultimate beneficial owners of financial accounts.
The purpose of us - xl cbu is to enable tax authorities to exchange information on financial accounts held by residents of foreign countries in order to prevent tax evasion and ensure compliance with tax laws.
us - xl cbu requires information such as the name, address, tax identification number, and percentage of ownership of the ultimate beneficial owners of financial accounts.
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