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ALLOTMENT OF FREE INDUSTRIAL PLOTS AT COMMAND MARBLE CITY DATA CHEN HEAR, NORTH WEST OF MINI POST, COMMAND AGENCY MINI AREA, DATA UNDER GOVERNOR S KHYBER PHAKTUNKHWA QUOTA INVITATION OF APPLICATIONS
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Fatada stands for Foreign Account Tax Compliance Act (FATCA), which is a United States federal law that requires foreign financial institutions to report information about accounts held by US taxpayers or foreign entities in which US taxpayers hold a substantial ownership interest.
Foreign financial institutions, including banks, investment firms, and certain insurance companies, are required to file FATCA reports.
FATCA reports can be filed electronically through the IRS FATCA registration website.
The purpose of FATCA is to combat tax evasion by US taxpayers using foreign accounts.
FATCA reports must include information about US account holders, including their account balances, income, and account activity.
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