ALERT! New W-8BEN, W-8BENE and W-9
To prepare for upcoming compliance with FATCA (Foreign Accounting Tax Compliance Act), the IRS has released updated W-9, W-8BEN and W-8BENE which are all compliant with FATCA.
During this program we will look at the parts of the new forms, how to complete them and new due diligence requirements for FATCA. Don’t assume because you are not a foreign financial institution (FFI) you do not have to comply with new rules. There is requirements for both US Banks and FFIs to aid the government in preventing tax evasion.
- How to complete new form W-9 FATCA codes and exemption codes
- Shorter W-8BEN for consumers
- W-8BENE for entities
- Due diligence rules for business accounts
- All the in’s and out’s of the FATCA provisions for your financial institution
Deposit Operations, Compliance, New Accounts, Branch Administration, Training, Branch Managers and all deposit side personnel who deal with signature cards and withholding.
Deborah Crawford is the President of gettechnical inc. She specializes in compliance and regulations for the deposit side of financial institutions. Her 20+ year career in banking and training began at Hibernia National Bank. She has been a seminar leader for many state associations and credit union groups across the nation. She has Bachelors and Masters degrees from Louisiana State University.
Institute of Certified Bankers: Visit http://www.icbmembers.org/login.aspx for instructions regarding self-reporting. Estimated credits: 2.5 CE Credits
Either Live or 6-Month On-Demand Webinar: $255
Both Live and 6-Month On-Demand Webinar: $355
Premier Package – Live session, OnDemand Weblink, and CD-ROM plus Hardcopy Handouts: $395
Online: Click here.
Phone: Call Total Training Solutions at (800) 831-0678
Register online up to day of event. Earlier registration allows time to check your computer for an optimal experience.