This course provides update training on FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standard) compliance.
The course is divided into several "books," each focusing on a key area to ensure clarity and ease of understanding. By the end of this course, participants will:
- Understand the fundamental principles and objectives of FATCA and CRS.
- Brief look at classification of entities correctly under FATCA and CRS.
- Apply knowledge of reporting requirements specific to FATCA and CRS.
- Updates regarding the IGOR platform and reporting landscape in Guernsey.
- Validate self-certifications and ensure compliance.