Knowledge Base   /   FATCA Compliance

Can Velocity determine US taxpayer?

Posted on 09 February 2022 06:28 pm

Yes, Velocity can detect the accounts of US taxpayers and foreign entities in which US taxpayers hold a substantial interest by analyzing customer’s data against US indicia and other reporting thresholds. Velocity FATCA compliance and IRS Reporting module is a simple and powerful software that can help with FATCA compliance.