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FATCA

/ˈfætkə/ /ˈfætkə/
abbreviation
GeneralLegal
  1. 1 FATCA
  2. 2 ABD'li vergi mükelleflerinin parayı yurt dışında saklamasını önlemeyi amaçlayan yasa

Definition (English)

  1. A US law requiring foreign financial institutions to report on accounts held by US citizens.
  2. It aims to prevent US taxpayers from hiding money offshore.

Example Sentences

  1. FATCA reporting is mandatory for banks.
    FATCA raporlaması bankalar için zorunludur.
  2. Do you need to comply with FATCA?
    FATCA'ya uymanız gerekiyor mu?