American Journal of Economics and Business Administration

Withholding Certificates and Self-Certifications under FATCA

Stefan Kaestli

DOI : 10.3844/ajebasp.2015.68.76

American Journal of Economics and Business Administration

Volume 7, Issue 2

Pages 68-76

Abstract

This review article analyzes the term withholding certificate and self-certification under the Foreign Account Tax Compliance Act (FATCA). It shows which types of forms exist in order to establish an account holder’s FATCA status (chapter 4 status). It proofs in particular under which conditions a Participating Foreign Financial Institution may use its own form in lieu of an official IRS form.

Copyright

© 2015 Stefan Kaestli. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.