Financial institutions warned to file FATCA reports

Financial institutions are being warned by Tax Administration Jamaica (TAJ) that they will face penalties if they fail to meet tomorrow’s deadline to file their Foreign Account Tax Compliance Act (FATCA) reports for 2015.

The TAJ says to date 24 of the 44 financial institutions required to file a FATCA report have done so.

Financial reports are required to provide information on accounts

FULL ARTICLE http://jamaica-gleaner.com/article/news/20160721/financial-institutions-warned-file-fatca-reports-2015

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