Under US FATCA, all Reporting FIs (Foreign Financial Institutions) and Registered Deemed Compliant FIs are required to register with the US Internal Revenue Service (IRS) to obtain a Global Intermediary Identification Number
Register with and notify the foreign tax authority of its status as a Reporting FI
Conduct due diligence on its investors to identify whether accounts are US reportable under the AEOI Regulations
Report account information on US reportable accounts to the foreign tax authority
©2018 BASIZ FUND SERVICE PVT. LTD. All Rights Reserved. Designed By - EAD COSMOS