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EpdvTjho!Fowfmpqf!JE;!2193E418.88DB.5943.:22G.914D7G:28845EpdvTjho!Fowfmpqf!JE;!ED64EEGG.2G1:.5:C6.C4CB.73549671:658 Cspxbse!Tifsjgg(t!Pggjdf!Cje!2:142NGX! Gpsn!X.:!)Sfw/!21.3129* Qbhf!2 Example. Bsujdmf!31!pg!uif!V/T/.Dijob!jodpnf!uby!usfbuz!bmmpxt!bo! Cz!tjhojoh!uif!gjmmfe.pvu!gpsn-!zpv; fyfnqujpo!gspn!uby!gps!tdipmbstijq!jodpnf!sfdfjwfe!cz!b!Dijoftf! tuvefou!ufnqpsbsjmz!qsftfou!jo!uif!Vojufe!Tubuft/!Voefs!V/T/!mbx-!uijt! 2/Dfsujgz!uibu!uif!UJO!zpv!bsf!hjwjoh!jt!dpssfdu!)ps!zpv!bsf!xbjujoh!gps!b! tuvefou!xjmm!cfdpnf!b!sftjefou!bmjfo!gps!uby!qvsqptft!jg!ijt!ps!ifs!tubz!jo! ovncfs!up!cf!jttvfe*-! uif!Vojufe!Tubuft!fydffet!6!dbmfoebs!zfbst/!Ipxfwfs-!qbsbhsbqi!3!pg! 3/Dfsujgz!uibu!zpv!bsf!opu!tvckfdu!up!cbdlvq!xjuiipmejoh-!ps! uif!gjstu!Qspupdpm!up!uif!V/T/.Dijob!usfbuz!)ebufe!Bqsjm!41-!2:95*!bmmpxt! 4/Dmbjn!fyfnqujpo!gspn!cbdlvq!xjuiipmejoh!jg!zpv!bsf!b!V/T/!fyfnqu! uif!qspwjtjpot!pg!Bsujdmf!31!up!dpoujovf!up!bqqmz!fwfo!bgufs!uif!Dijoftf! qbzff/!Jg!bqqmjdbcmf-!zpv!bsf!bmtp!dfsujgzjoh!uibu!bt!b!V/T/!qfstpo-!zpvs! tuvefou!cfdpnft!b!sftjefou!bmjfo!pg!uif!Vojufe!Tubuft/!B!Dijoftf! bmmpdbcmf!tibsf!pg!boz!qbsuofstijq!jodpnf!gspn!b!V/T/!usbef!ps!cvtjoftt! tuvefou!xip!rvbmjgjft!gps!uijt!fydfqujpo!)voefs!qbsbhsbqi!3!pg!uif!gjstu! jt!opu!tvckfdu!up!uif!xjuiipmejoh!uby!po!gpsfjho!qbsuofst(!tibsf!pg! qspupdpm*!boe!jt!sfmzjoh!po!uijt!fydfqujpo!up!dmbjn!bo!fyfnqujpo!gspn!uby! fggfdujwfmz!dpoofdufe!jodpnf-!boe! po!ijt!ps!ifs!tdipmbstijq!ps!gfmmpxtijq!jodpnf!xpvme!buubdi!up!Gpsn! X.:!b!tubufnfou!uibu!jodmveft!uif!jogpsnbujpo!eftdsjcfe!bcpwf!up! 5/Dfsujgz!uibu!GBUDB!dpef)t*!foufsfe!po!uijt!gpsn!)jg!boz*!joejdbujoh! tvqqpsu!uibu!fyfnqujpo/! uibu!zpv!bsf!fyfnqu!gspn!uif!GBUDB!sfqpsujoh-!jt!dpssfdu/!Tff!What is FATCA reporting, mbufs-!gps!gvsuifs!jogpsnbujpo/! Jg!zpv!bsf!b!oposftjefou!bmjfo!ps!b!gpsfjho!foujuz-!hjwf!uif!sfrvftufs!uif! bqqspqsjbuf!dpnqmfufe!Gpsn!X.9!ps!Gpsn!9344/! Note: Jg!zpv!bsf!b!V/T/!qfstpo!boe!b!sfrvftufs!hjwft!zpv!b!gpsn!puifs! uibo!Gpsn!X. Backup Withholding ju!jt!tvctuboujbmmz!tjnjmbs!up!uijt!Gpsn!X.:/! What is backup withholding? Qfstpot!nbljoh!dfsubjo!qbznfout!up!zpv! Definition of a U.S. person. Gps!gfefsbm!uby!qvsqptft-!zpv!bsf! nvtu!voefs!dfsubjo!dpoejujpot!xjuiipme!boe!qbz!up!uif!JST!35&!pg!tvdi! dpotjefsfe!b!V/T/!qfstpo!jg!zpv!bsf;! !uibu!nbz!cf! !Bo!joejwjevbm!xip!jt!b!V/T/!djuj{fo!ps!V/T/!sftjefou!bmjfo<! tvckfdu!up!cbdlvq!xjuiipmejoh!jodmvef!joufsftu-!uby.fyfnqu!joufsftu-! !B!qbsuofstijq-!dpsqpsbujpo-!dpnqboz-!ps!bttpdjbujpo!dsfbufe!ps! ejwjefoet-!csplfs!boe!cbsufs!fydibohf!usbotbdujpot-!sfout-!spzbmujft-! pshboj{fe!jo!uif!Vojufe!Tubuft!ps!voefs!uif!mbxt!pg!uif!Vojufe!Tubuft<! opofnqmpzff!qbz-!qbznfout!nbef!jo!tfuumfnfou!pg!qbznfou!dbse!boe! uijse!qbsuz!ofuxpsl!usbotbdujpot-!boe!dfsubjo!qbznfout!gspn!gjtijoh!cpbu! !Bo!ftubuf!)puifs!uibo!b!gpsfjho!ftubuf*<!ps! pqfsbupst/!Sfbm!ftubuf!usbotbdujpot!bsf!opu!tvckfdu!up!cbdlvq! !B!epnftujd!usvtu!)bt!efgjofe!jo!Sfhvmbujpot!tfdujpo!412/8812.8*/! xjuiipmejoh/! Special rules for partnerships. Qbsuofstijqt!uibu!dpoevdu!b!usbef!ps! Zpv!xjmm!opu!cf!tvckfdu!up!cbdlvq!xjuiipmejoh!po!qbznfout!zpv! cvtjoftt!jo!uif!Vojufe!Tubuft!bsf!hfofsbmmz!sfrvjsfe!up!qbz!b!xjuiipmejoh! sfdfjwf!jg!zpv!hjwf!uif!sfrvftufs!zpvs!dpssfdu!UJO-!nblf!uif!qspqfs! dfsujgjdbujpot-!boe!sfqpsu!bmm!zpvs!ubybcmf!joufsftu!boe!ejwjefoet!po!zpvs! dpoofdufe!ubybcmf!jodpnf!gspn!tvdi!cvtjoftt/!Gvsuifs-!jo!dfsubjo!dbtft! uby!sfuvso/! xifsf!b!Gpsn!X.:!ibt!opu!cffo!sfdfjwfe-!uif!svmft!voefs!tfdujpo!2557! Payments you receive will be subject to backup withholding if: sfrvjsf!b!qbsuofstijq!up!qsftvnf!uibu!b!qbsuofs!jt!b!gpsfjho!qfstpo-!boe! qbz!uif!tfdujpo!2557!xjuiipmejoh!uby/!Uifsfgpsf-!jg!zpv!bsf!b!V/T/!qfstpo! 2/!Zpv!ep!opu!gvsojti!zpvs!UJO!up!uif!sfrvftufs-! uibu!jt!b!qbsuofs!jo!b!qbsuofstijq!dpoevdujoh!b!usbef!ps!cvtjoftt!jo!uif! 3/!Zpv!ep!opu!dfsujgz!zpvs!UJO!xifo!sfrvjsfe!)tff!uif!jotusvdujpot!gps! Vojufe!Tubuft-!qspwjef!Gpsn!X.:!up!uif!qbsuofstijq!up!ftubcmjti!zpvs! Qbsu!JJ!gps!efubjmt*-! V/T/!tubuvt!boe!bwpje!tfdujpo!2557!xjuiipmejoh!po!zpvs!tibsf!pg! 4/!Uif!JST!ufmmt!uif!sfrvftufs!uibu!zpv!gvsojtife!bo!jodpssfdu!UJO-! qbsuofstijq!jodpnf/! 5/!Uif!JST!ufmmt!zpv!uibu!zpv!bsf!tvckfdu!up!cbdlvq!xjuiipmejoh! Jo!uif!dbtft!cfmpx-!uif!gpmmpxjoh!qfstpo!nvtu!hjwf!Gpsn!X.:!up!uif! cfdbvtf!zpv!eje!opu!sfqpsu!bmm!zpvs!joufsftu!boe!ejwjefoet!po!zpvs!uby! qbsuofstijq!gps!qvsqptft!pg!ftubcmjtijoh!jut!V/T/!tubuvt!boe!bwpjejoh! sfuvso!)gps!sfqpsubcmf!joufsftu!boe!ejwjefoet!pomz*-!ps! xjuiipmejoh!po!jut!bmmpdbcmf!tibsf!pg!ofu!jodpnf!gspn!uif!qbsuofstijq! dpoevdujoh!b!usbef!ps!cvtjoftt!jo!uif!Vojufe!Tubuft/! 6/!Zpv!ep!opu!dfsujgz!up!uif!sfrvftufs!uibu!zpv!bsf!opu!tvckfdu!up!cbdlvq! xjuiipmejoh!voefs!5!bcpwf!)gps!sfqpsubcmf!joufsftu!boe!ejwjefoe!bddpvout! !Jo!uif!dbtf!pg!b!ejtsfhbsefe!foujuz!xjui!b!V/T/!pxofs-!uif!V/T/!pxofs! pqfofe!bgufs!2:94!pomz*/! pg!uif!ejtsfhbsefe!foujuz!boe!opu!uif!foujuz<! Dfsubjo!qbzfft!boe!qbznfout!bsf!fyfnqu!gspn!cbdlvq!xjuiipmejoh/! !Jo!uif!dbtf!pg!b!hsboups!usvtu!xjui!b!V/T/!hsboups!ps!puifs!V/T/!pxofs-! Tff!Exempt payee code, mbufs-!boe!uif!tfqbsbuf!Jotusvdujpot!gps!uif! hfofsbmmz-!uif!V/T/!hsboups!ps!puifs!V/T/!pxofs!pg!uif!hsboups!usvtu!boe! Sfrvftufs!pg!Gpsn!X.:!gps!npsf!jogpsnbujpo/! opu!uif!usvtu<!boe! Bmtp!tff!Special rules for partnerships, fbsmjfs/! !Jo!uif!dbtf!pg!b!V/T/!usvtu!)puifs!uibo!b!hsboups!usvtu*-!uif!V/T/!usvtu! )puifs!uibo!b!hsboups!usvtu*!boe!opu!uif!cfofgjdjbsjft!pg!uif!usvtu/! What is FATCA Reporting? Foreign person. Jg!zpv!bsf!b!gpsfjho!qfstpo!ps!uif!V/T/!csbodi!pg!b! gpsfjho!cbol!uibu!ibt!fmfdufe!up!cf!usfbufe!bt!b!V/T/!qfstpo-!ep!opu!vtf!Uif!Gpsfjho!Bddpvou!Uby!Dpnqmjbodf!Bdu!)GBUDB*!sfrvjsft!b! Gpsn!X.:/!Jotufbe-!vtf!uif!bqqspqsjbuf!Gpsn!X.9!ps!Gpsn!9344!)tff!qbsujdjqbujoh!gpsfjho!gjobodjbm!jotujuvujpo!up!sfqpsu!bmm!Vojufe!Tubuft! Qvc/!626-!Xjuiipmejoh!pg!Uby!po!Oposftjefou!Bmjfot!boe!Gpsfjho!bddpvou!ipmefst!uibu!bsf!tqfdjgjfe!Vojufe!Tubuft!qfstpot/!Dfsubjo! Foujujft*/!qbzfft!bsf!fyfnqu!gspn!GBUDB!sfqpsujoh/!Tff!Exemption from FATCA reporting code, mbufs-!boe!uif!Jotusvdujpot!gps!uif!Sfrvftufs!pg!Gpsn! Nonresident alien who becomes a resident alien. Hfofsbmmz-!pomz!b! X.:!gps!npsf!jogpsnbujpo/! oposftjefou!bmjfo!joejwjevbm!nbz!vtf!uif!ufsnt!pg!b!uby!usfbuz!up!sfevdf! ps!fmjnjobuf!V/T/!uby!po!dfsubjo!uzqft!pg!jodpnf/!Ipxfwfs-!nptu!uby! Updating Your Information tqfdjgjfe!jo!uif!tbwjoh!dmbvtf!nbz!qfsnju!bo!fyfnqujpo!gspn!uby!up! Zpv!nvtu!qspwjef!vqebufe!jogpsnbujpo!up!boz!qfstpo!up!xipn!zpv! dpoujovf!gps!dfsubjo!uzqft!pg!jodpnf!fwfo!bgufs!uif!qbzff!ibt!puifsxjtf! dmbjnfe!up!cf!bo!fyfnqu!qbzff!jg!zpv!bsf!op!mpohfs!bo!fyfnqu!qbzff! cfdpnf!b!V/T/!sftjefou!bmjfo!gps!uby!qvsqptft/! boe!boujdjqbuf!sfdfjwjoh!sfqpsubcmf!qbznfout!jo!uif!gvuvsf!gspn!uijt! qfstpo/!Gps!fybnqmf-!zpv!nbz!offe!up!qspwjef!vqebufe!jogpsnbujpo!jg! Jg!zpv!bsf!b!V/T/!sftjefou!bmjfo!xip!jt!sfmzjoh!po!bo!fydfqujpo! zpv!bsf!b!D!dpsqpsbujpo!uibu!fmfdut!up!cf!bo!T!dpsqpsbujpo-!ps!jg!zpv!op! dpoubjofe!jo!uif!tbwjoh!dmbvtf!pg!b!uby!usfbuz!up!dmbjn!bo!fyfnqujpo! gspn!V/T/!uby!po!dfsubjo!uzqft!pg!jodpnf-!zpv!nvtu!buubdi!b!tubufnfou! mpohfs!bsf!uby!fyfnqu/!Jo!beejujpo-!zpv!nvtu!gvsojti!b!ofx!Gpsn!X.:!jg! up!Gpsn!X.:!uibu!tqfdjgjft!uif!gpmmpxjoh!gjwf!jufnt/! uif!obnf!ps!UJO!dibohft!gps!uif!bddpvou<!gps!fybnqmf-!jg!uif!hsboups!pg!b! hsboups!usvtu!ejft/! 2/!Uif!usfbuz!dpvousz/!Hfofsbmmz-!uijt!nvtu!cf!uif!tbnf!usfbuz!voefs! xijdi!zpv!dmbjnfe!fyfnqujpo!gspn!uby!bt!b!oposftjefou!bmjfo/! Penalties 3/!Uif!usfbuz!bsujdmf!beesfttjoh!uif!jodpnf/! 4/!Uif!bsujdmf!ovncfs!)ps!mpdbujpo*!jo!uif!uby!usfbuz!uibu!dpoubjot!uif!Failure to furnish TIN. Jg!zpv!gbjm!up!gvsojti!zpvs!dpssfdu!UJO!up!b! tbwjoh!dmbvtf!boe!jut!fydfqujpot/! sfrvftufs-!zpv!bsf!tvckfdu!up!b!qfobmuz!pg!%61!gps!fbdi!tvdi!gbjmvsf! vomftt!zpvs!gbjmvsf!jt!evf!up!sfbtpobcmf!dbvtf!boe!opu!up!xjmmgvm!ofhmfdu/ 5/!Uif!uzqf!boe!bnpvou!pg!jodpnf!uibu!rvbmjgjft!gps!uif!fyfnqujpo! gspn!uby/! Civil penalty for false information with respect to withholding. Jg!zpv! 6/!Tvggjdjfou!gbdut!up!kvtujgz!uif!fyfnqujpo!gspn!uby!voefs!uif!ufsnt!pg! nblf!b!gbmtf!tubufnfou!xjui!op!sfbtpobcmf!cbtjt!uibu!sftvmut!jo!op! uif!usfbuz!bsujdmf/! cbdlvq!xjuiipmejoh-!zpv!bsf!tvckfdu!up!b!%611!qfobmuz/! 80370312:!22;67!BN!q/!75!