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Guidelines for Filing FAA Form 7460-1 Notice of Proposed Construction or Alteration Revision No. 1 Prepared by: City of Philadelphia / Division of Aviation Planning and Environmental Services Revised
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FAA (Foreign Account Tax Compliance Act) is a set of guidelines and regulations that require foreign financial institutions to report information on accounts held by US taxpayers to the IRS.
Foreign financial institutions are required to file guidelines for filing faa.
Foreign financial institutions can fill out guidelines for filing faa online through the IRS FATCA FFI Registration System.
The purpose of guidelines for filing faa is to help the IRS identify US taxpayers who may be hiding assets overseas and not reporting them for tax purposes.
Information such as account holder's name, address, TIN, account balance, and income must be reported on guidelines for filing faa.
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