[ Ссылка ]

FATCA Reporting:

FATCA is the Foreign Account Tax Compliance Act. It requires U.S. persons to report specified foreign financial assets to the IRS on Form 8938. FATCA reporting requires individual and other U.S. Persons to file a Form 8938 with their U.S. tax return.

The FATCA Form 8938 reporting form is due at the same time the tax return is due to the be filed. If a Taxpayer requests an extension for their tax return filing, FATCA reporting on the 8938 form also goes on extension.The IRS continues its aggressive enforcement of FATCA reporting.

With more than 110 countries entering into FATCA Agreements and 300,000 (Foreign Financial Institutions (FFIs) on board, FATCA reporting is here to stay.

свернуть