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The Federation of Publishers and Booksellers Associations in India 84, Second Floor, Daryaganj, New Delhi 110 002 Phone no.: 01123272845, 23281227 Email: fpbaindia gmail.com ; info FBI.org Website:
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What is fpbai?
FPBAI stands for Foreign Partnership Business Activity Information, which is a form used to report activities and financial information related to foreign partnerships.
Who is required to file fpbai?
Any U.S. person who is a direct partner in a foreign partnership must file FPBAI.
How to fill out fpbai?
To fill out FPBAI, provide the required information about the foreign partnership including its name, address, and the nature of its activities, as well as your partnership interest and share of income.
What is the purpose of fpbai?
The purpose of FPBAI is to ensure that U.S. tax authorities have information about the activities and income of foreign partnerships involving U.S. partners.
What information must be reported on fpbai?
FPBAI must report details such as partnership identification, ownership percentages, types of income, and any foreign taxes paid.
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