FATCA (Foreign Accounts Tax Compliance Act) - How to Comply with Minimal Withholding, Tax and Penalty Impact 2017 is a webinar that covers topics such as:
- Who is affected – there is more to this than just the FFI`s
- What is FATCA?
- Explanation of the impacts of FATCA on forms 1099, 8938, TD F 90-22.1 (FBAR)
- Briefing on the two Model Intergovernmental Agreements
- Exceptions to Reporting
- Useful tables and charts for determining the definitions of foreign financial assets requiring reporting under FATCA
- Case study – a tale of two offenders with significantly different outcomes
- Penalty risks for noncompliance, including the extended statute of limitations
- References to other rich resources to help you keep up-to-date
FATCA (Foreign Accounts Tax Compliance Act) - How to Comply with Minimal Withholding, Tax and Penalty Impact 2017 is intended for:
- Controllers
- CFOs
- Tax Managers
- Tax Attorneys
- All Institutions making payments to a Foreign Financial Institution or other Foreign Nonfinancial Entity on behalf of US Persons
- Compliance Managers