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C L A R I F I C A T I O N# 1TO:ALL PROSPECTIVE BiddersFROM:Noel Guzman, Purchasing Departmental:February 16, 2018RE:Automobile Tools Quote QFY201829The following information is added to the quote
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The FATCA (Foreign Account Tax Compliance Act) form, often referred to as F A G C, is a U.S. tax law aimed at preventing tax evasion by U.S. persons holding accounts and other financial assets outside the United States.
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The FATCA form requires reporting details of foreign financial accounts, including the institution's name, account number, maximum value during the year, and other pertinent information regarding foreign assets.
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