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November 14, 2012, Philippine Stock Exchange 3rd Floor, Philippine Stock Exchange Plaza Ayala Triangle, Ayala Avenue Marathi City Attention: Ms. Janet A. Incarnation Head, Disclosure Department Gentlemen:
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What is f i l i?
F I L I stands for Foreign Investment in Real Property Tax Act.
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Any foreign person or entity who disposes of a U.S. real property interest is required to file F I L I.
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F I L I forms can be filled out online or submitted by mail to the IRS.
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The purpose of F I L I is to collect information on foreign investment in U.S. real property for tax purposes.
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The form requires information on the seller, property details, sale price, and any exemptions claimed.
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