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WW O RLD THINK GLOBALLY), Lucknow, India2012 Vol IV Issue III August Price Re. 1/Personality Development UN ILL ITE T HED ON EAY Monthly Bulletin of City Montessori School (ACT GLOBALLY UNESCO City

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What is w o rl d?

W o rl d stands for World Report, a form used for reporting global financial information.

Who is required to file w o rl d?

Any individual or entity with financial interests held outside of their country of residence may be required to file W o rl d.

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W o rl d can be filled out online or on paper, providing detailed information about overseas financial assets and income.

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The purpose of W o rl d is to provide transparency and prevent tax evasion by individuals or entities with international financial interests.

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Information such as foreign bank accounts, investments, trusts, and income generated from overseas assets must be reported on W o rl d.

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The deadline to file W o rl d in 2023 is typically June 30th, but it is advisable to confirm with the relevant tax authority.

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The penalty for late filing of W o rl d can vary depending on the country, but it may include fines and interest on unpaid taxes.

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