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CRS and FATCA Self Certification Form Legal Entity InvestorsImportant Information 1.1Hollard Investments is a division of Hollard Life Assurance Company Limited and Hollard Investment Managers.1.2In
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01
Gather your personal information including name, address, date of birth, and tax identification number.
02
Identify the financial accounts you hold that are subject to CRS and FATCA reporting.
03
Complete the self-certification form by providing accurate and truthful information.
04
Sign and date the form to validate the information provided.
05
Submit the completed form to your financial institution or the relevant tax authority.

Who needs crs and fatca self?

01
Individuals who are citizens or residents of countries participating in the CRS and FATCA agreements.
02
Financial account holders with foreign financial institutions.
03
Entities such as corporations and trusts that need to comply with CRS and FATCA reporting requirements.
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CRS (Common Reporting Standard) and FATCA (Foreign Account Tax Compliance Act) self refers to the self-reporting process undertaken by individuals and entities to disclose their financial information for tax compliance purposes.
Individuals and entities that are considered tax residents in jurisdictions that participate in CRS or have U.S. tax obligations under FATCA are required to file CRS and FATCA self-reporting.
To fill out CRS and FATCA self-reporting, individuals and entities must provide personal information, entity classification, tax residency, and financial account details on the respective forms, ensuring accuracy and completeness.
The purpose of CRS and FATCA self-reporting is to combat tax evasion by ensuring that financial institutions report information about accounts held by foreign taxpayers to their home tax authorities.
The information that must be reported typically includes account holder identity, tax identification numbers, account balances, and details of financial transactions or income received.
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