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SHASTA 54.08 (Cloudiest/Touchiest 7732.120)
Feb 24, 2015Table of ContentsSOASTA 54.08 (Cloudiest/Touchiest 7732.120).................................................1
Bugs Fixed ........................................................................................................1
Cloudiest
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What is global activity?
Global activity refers to all financial transactions and investments made by an individual or entity across international borders.
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Individuals or entities who have financial transactions or investments outside their country of residence are required to file global activity.
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Global activity can be filled out by providing detailed information about all international financial transactions and investments.
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The purpose of global activity is to track and monitor financial activities across international borders to prevent money laundering and tax evasion.
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Information such as the source of funds, destination of funds, nature of transactions, and any income generated from international investments must be reported on global activity.
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