FATCA
At TConsult, we help financial institutions around the world navigate the complex requirements of the U.S. Foreign Account Tax Compliance Act (FATCA), ensuring compliance, reducing risk and supporting efficient cross-border operations.
Our consultants combine technical knowledge with real-world experience to deliver practical, actionable recommendations that help your institution meet its FATCA obligations with confidence.
We provide end-to-end FATCA expertise across all stages of compliance, from initial registration to reporting and certification:
We help institutions determine their FATCA status and register with the IRS to obtain a Global Intermediary Identification Number (GIIN)
We help design and implement effective onboarding and account review processes to identify U.S. account holders and controlling persons
Our team assists with annual FATCA reporting, including data validation, XML schema preparation
We identify and address compliance gaps through targeted reviews and practical remediation planning
We guide responsible officers through the FATCA certification process
Our consultants have supported financial institutions across the world, giving us insight into how FATCA interacts with local regulatory frameworks.
We understand the challenges that come with implementing FATCA in different markets, from interpreting IRS guidance to coordinating with local tax authorities. We provide practical solutions that balance global requirements with local operational realities.
FATCA compliance is complex, but with the right guidance, it doesn’t have to be difficult.
Our consultants can help you build or enhance your FATCA framework to ensure your institution stays compliant.
Contact us today to discuss how we can support your FATCA compliance.