Once SBVN determines that the Vietnamese FFI is a reporting FFI, the FFI must obtain additional information from the US account holder or suspected US account holder through the 01a FATCA Form or the ...

Filing is done electronically through the BSA E-Filing System. FATCA reporting, captured in Form 8938, demands more detailed information. The IRS wants not only the account balance but also income ...

Klasing. If these assets meet or exceed FATCA's value thresholds, you must disclose them on Form 8938. Though it is crucial to act quickly if you have received a FATCA letter from an overseas bank ...

It is easy for taxpayers to become lost in the sea of acronyms, tax forms, deadlines, and reporting obligations arising from FATCA, FBAR, and foreign cryptocurrency compliance. Even seemingly ...

IRVINE, Calif., Feb. 18, 2025 /PRNewswire/ -- Over the past decade, cryptocurrency has gone from being an obscure form of technological investment to being bought and sold on its own ...

It is easy for taxpayers to become lost in the sea of acronyms, tax forms, deadlines, and reporting obligations arising from FATCA, FBAR, and foreign cryptocurrency compliance. Even seemingly minor ...

FATCA is why you may need to file a Report of Foreign Bank and Financial Accounts (FBAR) and a Form 8938, but these forms are still different. FATCA aims to make international banks report assets ...

It is in accordance with the instructions for the FATCA forms published by the US Revenue Service and the guideline for the certification form. Both self-published by the Organization for Economic ...

Since 1 January 2016, UBS has been requesting new clients to complete a combined FATCA and AEI self-certification form below, as part of the account opening process. Clients who are "Pre-existing ...