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This document is an asset-backed securities report filed by GS Mortgage Securities Corp II in compliance with Section 15G of the Securities Exchange Act of 1934. It includes findings and conclusions from PricewaterhouseCoopers LLP regarding due diligence procedures performed on mortgage loan assets as part of the securitization process for the GS Mortgage Securities Corporation Trust 2024-70P.
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What is abs-15g?
abs-15g is a form used in certain jurisdictions to report and declare that the taxpayer's income is below the taxable threshold, thereby asserting that no withholding tax should be deducted from their income.
Who is required to file abs-15g?
Individuals whose total income is below the taxable limit and who want to avoid tax withholding on their interest income or other applicable income are required to file abs-15g.
How to fill out abs-15g?
To fill out abs-15g, you need to provide personal details such as name, address, PAN (Permanent Account Number), and income details. You also need to sign the declaration stating that your total income is below the taxable limit.
What is the purpose of abs-15g?
The purpose of abs-15g is to prevent tax withholding on interest income or other specified income, allowing individuals whose income is below the taxable limit to receive their full earnings without deduction.
What information must be reported on abs-15g?
The abs-15g form requires reporting personal details, income details, and a declaration to confirm that the total income is below the taxable limit.
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