The basics of FATCA Documentation
What you will learn
Necessary Documents of FATCA
Due Diligence under FATCA
Types of Accounts under FATCA
US Indicia
Description
In this Introductory course to Documentation under the Foreign Account Tax Compliance Act (FATCA), presented by the Tax Compliance Toolkit, we will give an in-depth discussion into what is required under this framework when it comes to documentation and reporting the residency status of a financial intermediaries’ clients.
The course will start off with an overview of FATCA Documentation Context. The associated course videos’ will define what documentation is required and how to go about this.
The course progresses with an overview of the types of account under FATCA. We look at what each means and the associated implications. We will also review various terms and definitions that are of importance when engaging with this material.
We then look at US indicia; the meaning behind it, implications etc.
As always with courses presented by the Tax Compliance Toolkit, we end off with a brief Summary and Quiz to test your knowledge and how effectively you have engaged with the course content.
It is our hope that you enjoy this course and engage with the content as best as you can. Feel free to reach out to us directly should you require any further assistance or would like to see a demo of our software.
Content