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FATCA is the IRS Foreign Account Tax Compliance Act

The Foreign Account Tax Compliance Act (FATCA), which was passed as part of the HIRE Act, generally requires that foreign financial Institutions and certain other non-financial foreign entities report on the foreign assets held by their U.S. account holders or be subject to withholding on withhold-able payments. The HIRE Act also contained legislation requiring U.S. persons to report, depending on the value, their foreign financial accounts and foreign assets.

IdenTrust offers IRS FATCA compliant certificates

IdenTrust offers two types of certificates that are compliant for filing IRS FATCA reports.  Use the following table to learn about the features of each type of certificate and determine which option is best to meet your business needs.