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What is i b i i?
IBI stands for Information Return of International Transaction.
Who is required to file i b i i?
Any person or entity involved in international transactions exceeding a certain threshold is required to file IBI.
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The purpose of IBI is to provide authorities with information on international transactions to prevent tax evasion and money laundering.
What information must be reported on i b i i?
IBI requires reporting on the nature, value, and participants of international transactions.
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