2019 - FATCA - the Foreign Accounts Tax Compliance Act

By attending this webinar, participants will:
Understand the basics of FATCA and how to comply
Learn who is affected: there is more to this than just the FFI reporting requirements
Receive a briefing on the two Model Intergovernmental Agreements
Learn the impacts of FATCA on forms 1099, 8938, and TD F 90-22.1 (FBAR)
Obtain useful tables and charts for determining the definitions of foreign financial assets requiring reporting under FATCA
Identify the exceptions to reporting
Know the penalty risks for noncompliance, including the extended statute of limitations
Review a case study – a tale of two offenders with significantly different outcomes
Bonus: receive important web links to help you keep up-to-date with FATCA