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fiab it stands for Foreign Investment Activity by Inbound Taxpayers.
Inbound taxpayers who engage in foreign investment activities are required to file fiab it.
fiab it can be filled out electronically through the designated online portal provided by the tax authorities.
The purpose of fiab it is to report and monitor foreign investment activities carried out by inbound taxpayers.
Information such as details of the foreign investment activities, amount invested, country of investment, and financial statements must be reported on fiab it.
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