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FAST Functional Analysis Screening Tool 1. 2. 3. The behavior usually occurs in the presence of other persons. YES NO The behavior usually occurs when the person is being ignored or when preferred
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What is f a s t?
f a s t stands for Foreign Account Tax Compliance Act, which is a law requiring foreign financial institutions to report information about accounts held by US taxpayers.
Who is required to file f a s t?
Foreign financial institutions are required to file f a s t.
How to fill out f a s t?
f a s t can be filled out electronically through the IRS FATCA FFI Registration System.
What is the purpose of f a s t?
The purpose of f a s t is to prevent tax evasion by US taxpayers using foreign accounts.
What information must be reported on f a s t?
f a s t requires reporting on accounts held by US taxpayers, including their balance, interest, dividends, and other income.
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