Inland Revenue Department Nevis:
FATCA is the Foreign Account Tax Compliance Act which was enacted in 2010 to combat tax evasion by U.S Taxpayers holding accounts or other financial assets in non-US Financial Institutions.
It requires Foreign Financial Institutions (FFI’s) to give a report to the U.S internal Revenue Service (IRS) information on assets held by U.S taxpayers, or by foreign entities in which U.S taxpayers hold substantial ownership interest.
For more information on FATCA, and how it relates to you visit the office at R. G Solomon Arcade, Main Street Charlestown, Nevis. (869) 469-5856 or 469-5521 Ext 5010