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NT CARAT F GU E CONSULT A L AX TON OF RA T DE ALL GUJARAT FEDERATION OF TAX CONSULTANTS Office No. 114, Income Tax Office, 1st Floor, Narayana Chambers, NR. Nehru Bridge, Ashram Road, Ahmedabad 380
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The Agricultural Foreign Investment Disclosure Act (AFIDA) is a federal law that requires foreign persons who acquire or transfer certain agricultural lands to report those transactions to the U.S. Secretary of Agriculture.
Foreign persons who acquire or transfer certain agricultural lands in the United States are required to file AFIDA disclosures.
The AFIDA disclosure form can be filled out online through the U.S. Department of Agriculture's website or by submitting a paper form to the U.S. Secretary of Agriculture.
The purpose of AFIDA is to provide the U.S. government with information about foreign investment in U.S. agricultural lands and to ensure that such investments do not pose a threat to the nation's food security.
The AFIDA disclosure form requires information about the foreign person acquiring or transferring agricultural land, details about the transaction, and any other relevant information requested by the U.S. Secretary of Agriculture.
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