Hardworking Member of Technical Staff excited to help develop next-generation software and. Experienced in Software Testing projects using Manual Testing skills,Database Testing skills and Automation testing skills. Prepared to apply 9+ years of experience to dynamic new role .
Tax information reporting in the United States is a requirement for organisations to report wage and non-wage payments made in the course of their trade or business to the Internal Revenue Service (IRS). This area of government reporting and corporate responsibility is continuously growing, carrying with it a large number of regulatory requirements established by the federal government and the states. There are currently more than 30 types of tax information returns required by the federal government, and they provide the primary cross-checking measure the IRS has to verify accuracy of tax returns filed by individual taxpayers.
FATCA - 1.FATCA stands for the Foreign Account Tax Compliance Act. 2.FATCA is a United States (US) legislation that primarily aims to prevent tax evasion by US taxpayers by using non-US financial institutions and offshore investment instruments. 3.FATCA impacts financial institutions on a graduated implementation timeline. Customers of financial institutions will be first impacted on 1 July 2014.