Tag: FATCA

The following guidance is issued by the Inland Revenue to assist Reporting NZFIs is meet their due diligence obligations as required by FATCA and the IGA.

This guidance is for Reporting New Zealand Financial Institutions (Reporting NZFIs) carrying out Foreign Account Tax Compliance Act (FATCA) due diligence and reporting under New Zealand’s FATCA Inter-Governmental Agreement (IGA) with the United States.

Use these notes to find out FATCA status if you’re U.S. reportable accounts.