FATA Withholding Tax Summary:

This report is applicable only for countries which have not signed Inter Governmental Agreements ( IGA) with USA and the Direct Reportign FFIs have to deduct FATCA Withholding Tax. To enable scrutiny of tax deducted by the source systems, this report is provided as an option under “Reports” Menu. This report can be generated on different parameters with proper selection of drop down items as shown in the following screen.

A sample report of “ FATCA Withholdable Tax Summary” is shown in the above screen. The report shows the name of the Account Holder, Account Number, Payment made, tax collected, tax computed and the difference amount.

CRS Country-wise Classification Report:

This report can be generated by entering input data relating to branch, country and type .

The sample “CRS country-wise report” generated for Brazil is shown on the screen above.