|Definition||:||Foreign Account Tax Compliance Act|
|Category||:||Governmental » Law & Legal|
What does FATCA mean?
Foreign Account Tax Compliance Act (FATCA) is a United States federal law that compels the United States citizens at home and abroad to file annual reports on any foreign account holdings. FATCA aims to combat U.S. tax evasion by U.S. citizens with financial assets outside the United States.
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Federación Argentina de Trabajadores Cerveceros y Afines
[Argentine Federation of Brewers and Allied Workers]
Frequently Asked Questions (FAQ)
What is the full form of FATCA?
The full form of FATCA is Foreign Account Tax Compliance Act