Fatca Canada | Are you FATCA compliant | Toronto, 416-626-2727

taxescanada2011 2014-07-26

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http://www.us-fatca-back-taxes-services-for-canadians.ca

Hello this is Adam from fatcaservices.ca.

As many of you have become aware from recent news, the Foreign Account Tax Compliance Act, also known as FATCA has taken effect on July 1, 2014. FATCA requires foreign financial institutions to report financial accounts of non-resident U.S. taxpayers to the IRS.This makes it even more important that you remain FATCA compliant. That brings us to the main question.

Are you FATCA compliant?
Whether you were born in the United States but live in Canada or have parents who are both U.S. citizens, you will be required to file U.S. tax returns. This includes any information returns to report your Foreign Financial Accounts.


On February 5, 2014, Canada and United States announced an Inter-Governmental Agreement that acknowledges Canada’s compliance to fully implement FATCA across the country. For U.S. taxpayers residing in Canada, it is important that to remain FATCA compliant, the information you provide has to be complete and correct as the IRS will have access to your information submitted by the foreign financial institutions.


Do not wait for IRS to contact you to file your returns. If you would like to know more about our services, please contact us either at 416-626-2727 or visit our website at www.fatcaservices.ca or email at [email protected] and we will be pleased to assist you. Thank you.

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