EFA ready for FATCA
25-06-2014
Back to news list EFA ready for FATCA
As the FATCA withholding tax and due diligence rules come into force on 1st of July 2014, EFA has just implemented the new Multifonds' FATCA module and offers a fully-compliant FATCA solution.
The Multifonds platform enables EFA's clients to identify reportable US-owned accounts, providing a comprehensive view of all accounts categorized according to readily available information and performing an automatic scan of indicia of US status.
New services will be added to EFA's FATCA Services offering in the months ahead, including reporting to tax authorities and, possibly, calculation of withholding tax.
Please find a link to the press release.