This document, Form 145, outlines the detailed disclosure norms required for cross-border remittances. It covers information needed for both the remitter and the remittee, including details of the remittance itself and any applicable tax deductions. This form is crucial for individuals and businesses making taxable payments to non-residents, particularly when the remittance amount is below a certain threshold. The form provides a structured way to report these transactions accurately.
Draft Form 145: Detailed Disclosure Norms for Cross-Border Remittances #pdf