FATCA - Advanced American Tax

FATCA is not exactly a tax but a framework for information exchange. FATCA may impose a penalty on those who fail to comply. It affects financial institutions, non-financial institutions and individuals among others. Specifically, FATCA has created additional reporting responsibilities for both financial institutions (known as FFIs) based outside of the US as well as US persons with foreign financial assets.

Our team works with FFIs who have GIIN registration or FATCA related reporting requirements. Because of the need to leverage technology in extracting FFI client data, transforming it into the right XML format and reporting it accordingly.

We offer FFIs FATCA reporting solutions from US$2,000

We have worked with hundreds of US persons who now must complete Form 8938 as part of their annual tax filing.

Non–Financial Institutions based overseas are sometimes known as NFFEs or non-financial foreign entities. We work with NFFEs that have been given W-9s and W-8-Ben-Es to complete by their banks. Our team would be happy to assist with the entity analysis needed to complete these forms.

Testimonial

As an American Expat in London I highly recommend Derren Joseph as a tax accountant. Derren completed my taxes on time and in a very professional manner. He kept me in the loop as he worked on my project and always kept to his timelines. He was up-to-date on all the latest tax changes and was able to apply several new stipulations that resulted in a refund! I will use… more
Amy HochadelDirector of Programme Delivery, PhD Researcher
If you’re an expat and unfortunately still can’t escape the grasps of Uncle Sam and his merry tax band, Darren is your man. Unfortunately, he can’t do a Robin Hood but does his job well. He is very helpful, knowledgeable, and gets backs to you very quickly. He reminds me of the customer service that I’m used to that somehow alludes these wonderful British Isles. Overall, I would give him 5 stars and would thoroughly recommend him.
Jane Agito Wells