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3 Merrill Lynch reviews. A free inside look at company reviews and salaries posted anonymously by employees.
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FAPMD stands for Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) Avoidance of Principal Purposes Misrepresentation Directive.
Financial institutions and certain other entities are required to file FAPMD if they are subject to FATCA and CRS reporting requirements.
FAPMD can be filled out electronically through the appropriate reporting portal designated by the tax authorities.
The purpose of FAPMD is to prevent tax evasion and ensure compliance with international tax reporting standards.
FAPMD requires the reporting of certain financial information related to foreign accounts and assets.
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