Latest FATCA & QI News
FATCA-EN
IGA 2 Countries
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- Austria
- Bermuda
- Chile
- Hong Kong
- Japan
- Moldova
- San Marino
- Switzerland
FATCA 8966 Service
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QI Solutions (Swiss) provides full IRS Form 8966 outsourcing services including FATCA XML file preparation and submission to the IRS via the International Data Exchange Service ("IDES"). QI Solutions (Swiss) has been issued a FATCA Identification Number ("FIN") by the IRS and this allows us to submit Form 8966 on your behalf using our digital certificate.
QI Solutions' FATCA 8966 service is a perfect solutions for financial institutions located in Model 2 IGA countries and offers a simple submission on your behalf. QI Solutions has a proven track record of IRS information reporting experience and we have been assisting financial institutions with FATCA matters since the 2010. Our FATCA 8966 service provides not only Form 8966 submission but we also can assistance you in determining what needs to be reported and when it must be reported. In addition, US tax reporting of US clients freqeuntly will require Form 1099 reporting, one of our core services.
Our FATCA 8966 service saves you time and money. Preparing the Form 8966 XML file and meeting the IDES technical requirements are complicated, while our FATCA 8966 service uses a simple and intuitive Excel template to obtain the necessary data and we take care of the rest. QI Solutions provides Form 8966 IDES submission confirmation and notices for use in your internal compliance program and RO certifications.
| Austria | Hong Kong | Moldova | Switzerland |
| Bermuda | Japan | San Marino | Taiwan |
| Chile | Macao |
FATCA our approach
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To say that the FATCA regime is complex would be a great understatement. In any event, we view FATCA implementation not as much as a new system but rather as a modification to existing AML/KYC and tax compliance systems. By building on existing regulatory knowledge your company will maximize existing systems and procedures resulting in an efficient and integrated FATCA compliance system.
FATCA our service en
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Our FATCA services include:
- FATCA impact analysis for FFIs and FFI groups;
- FATCA registration and FATCA Portal GIIN profile management;
- Assistance with FATCA implementation plans;
- Advice regarding system and procedural remediation, including client documentation, US reporting, withholding systems and group FATCA coordination issues;
- Consulting on the interpretation and application of FATCA, including under country specific IGAs;
- Tailor made internal presentations and training programs for FATCA.