This FATCA Compliance and Reporting training course describes the taxation and basic concepts of United States nonresident alien individuals and reporting payee income. The course covers the forms and publications and provides instructions and best practices for each aspect of the FATCA Compliance and Reporting Reporting process.
The Foreign Account Tax Compliance Act (FATCA), which was passed as part of the HIRE Act, generally requires that foreign financial Institutions and certain other non-financial foreign entities report on the foreign assets held by their U.S. account holders or be subject to withholding on withholdable payments. This course can help you avoid costly penalties and expenses related the Foreign Account Tax Compliance Act requirements!
By attending FATCA Compliance and Reporting workshop, delegates will learn:
- Key definitions
- Fill out the forms
- Access the needed information
- Navigate the complexities of FATCA
The FATCA Compliance and Reporting class is ideal for:
- Novice and the seasoned veteran who wants to better understand and even explain how the FATCA process works.