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Securities AND EXCHANGE COMMISSION Metro Manila, PhilippinesFORM 23A INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 1Name and Address of Reporting Person2. Date of Event Requiring5. Issuer
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FTTND CT refers to the Federal Tax for Tax Non-Disclosure Compliance Treaty, which is a regulatory requirement for certain taxpayers to report financial information to ensure compliance with tax laws.
Entities and individuals who have foreign financial accounts or receive income from foreign sources are required to file FTTND CT if they meet specific thresholds set by the IRS.
To fill out FTTND CT, taxpayers must use the designated forms provided by the IRS, accurately reporting their foreign financial accounts, income, and any applicable deductions or credits.
The purpose of FTTND CT is to ensure that taxpayers are compliant with federal tax laws regarding foreign incomes and accounts, to prevent tax evasion, and to promote transparency.
FTTND CT requires reporting of foreign account details, income earned from foreign sources, and any related tax obligations, such as withholding taxes.
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