Review Article Open Access

Withholding Certificates and Self-Certifications under FATCA

Stefan Kaestli1
  • 1 Institute of Economics of the Polish Academy of Sciences, Poland

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.

American Journal of Economics and Business Administration
Volume 7 No. 2, 2015, 68-76

DOI: https://doi.org/10.3844/ajebasp.2015.68.76

Submitted On: 28 April 2015 Published On: 25 June 2015

How to Cite: Kaestli, S. (2015). Withholding Certificates and Self-Certifications under FATCA. American Journal of Economics and Business Administration, 7(2), 68-76. https://doi.org/10.3844/ajebasp.2015.68.76

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Keywords

  • FATCA
  • Chapter 4
  • Withholding Certificate
  • Self-Certification
  • Written Statement
  • Documentary Evidence
  • Self Declaration