Statements (20)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
regulatory requirement
|
| gptkbp:appliesTo |
financial institutions
foreign financial institutions |
| gptkbp:consequenceOfNonCompliance |
penalties
withholding tax |
| gptkbp:enforcedBy |
gptkb:Internal_Revenue_Service
gptkb:U.S._Department_of_the_Treasury |
| https://www.w3.org/2000/01/rdf-schema#label |
FATCA compliance
|
| gptkbp:purpose |
prevent tax evasion by U.S. persons
|
| gptkbp:relatedTo |
gptkb:Foreign_Account_Tax_Compliance_Act
gptkb:U.S._tax_law intergovernmental agreements tax information exchange |
| gptkbp:requires |
due diligence procedures
identification of U.S. account holders annual reporting to IRS reporting of financial accounts held by U.S. taxpayers |
| gptkbp:startDate |
July 1, 2014
|
| gptkbp:bfsParent |
gptkb:IRS_Form_W-8BEN-E
|
| gptkbp:bfsLayer |
7
|