FATCA is Here. Is Your Business Prepared for an Audit?
The Foreign Account Tax Compliance Act (FATCA) applies not only to financial institutions; it affects U.S.-based multinational corporations, too. Is your business ready for a FATCA audit?
Compliance with FATCA is complex and impacts different organizations in different ways. Soon, the IRS will begin auditing companies for compliance with FATCA. Failure to comply with the new rules could subject your organization to significant withholding tax liabilities and penalties. Listen to our CFO-moderated webinar to hear FATCA experts from Avalara and CTI discuss: - How FATCA withholding rules will impact your company this year - What the IRS will look for in a FATCA audit - What to do now to be compliant and reduce risks