What Are the Penalties for FATCA Non-Compliance?
The penalties for FATCA non-compliance range depending on what the violation is & your legal team should look for ways to ensure compliance.
FATCA
All FATCA Content
What is the GIIN Number for FATCA?
A GIIN is a Global Intermediary Identification Number, consisting of 19 characters assigned by the FATCA registration system to financial institutions.
FATCA vs. CRS: The Difference Is Crucial
Though both FATCA and CRS try to combat tax evasion, there are some notable differences between the two sets of regulations.
What Constitutes Being Exempt From FATCA Reporting?
The reporting thresholds for FATCA reporting exemptions vary with two factors, your tax filing status and where you reside. The same goes for a business.
FATCA Reporting Template
Creating a FATCA reporting template can help simplify and streamline your FATCA reporting to ensure that your organization stays compliant.
FATCA Reporting Requirements Checklist
A clear list of FATCA reporting requirements checklist will allow you to avoid the pratfalls, distractions & confusion that come with regulatory obligations