A logical sequence to signing of Inter Governmental Agreement under theForeign Assets Tax Compliance Act is applicability if rules pertaining toreporting income to USA and vice versa.Tax deduction for source country as applicable is already in place.Now financial institutions in India are already providing info re accounts andbalances to USA Tax Authorities since 2023 .So in a year or two providing Forms to Investors as also US Tax Authoritiesseems to be a sure possibility.best wosjesRAJESH H DHRUVA