BankTrainingCenter.com offers banking exams, banking degree training, and professional development for banking professionals
Course/Product Description
Title:

Countdown To FATCA: What It Means To Your Financial Institution

SKU:WT-1001288
Format: Webinar
Description:

Countdown To FATCA: What It Means To Your Financial Institution

The Foreign Compliance Tax Compliance Act (FATCA) will have far reaching implications for all financial institutions.

Changes begin this Spring when US financial institutions are required to report interest payments on many foreign accounts on form 1042S. Now foreign financial institutions (FFIs) are registering with the US government to avoid 30% withholding on certain payments.

Most of this goes into effect in the middle of the year with other parts being phased in over the next few years. So what does this have to do with you? Well, the IRS has updated the W-9 for FATCA and new W-8BEN and W-8BENE forms are out. You will have to see if you have any payments going to FFIs that are not in compliance and begin withholding this summer.

What You Will Learn:

  • Feb 20, 2014 IRS Amends FATCA Provisions and Coordinates FATCA Regulations with Preexisting Tax Rules- What you need to know and do!
  • What is this all about?
  • Definitions and acronyms
  • Timeframes and deadlines
  • Review of the W-9 and W-8s
  • Counties involved
  • Actions steps to avoid being out of compliance
  • How to find the pieces you need if you have payments to foreign financial institutions
  • Where is the list of participating foreign financial institutions? Why are there different categories?
  • Who is exempt? What payments require withholding?
  • And much much more

Who Should Attend

Compliance Officers, Branch Administration, Training, Branch Personnel and anyone involved in opening foreign accounts and the tax reporting of payments overseas.

About Your Presenter

Deborah Crawford is the President of gettechnical inc. She specializes in compliance and regulations for the deposit side of financial institutions. Her 20+ year career in banking and training began at Hibernia National Bank. She has been a seminar leader for many state associations and credit union groups across the nation. She has Bachelors and Masters degrees from Louisiana State University.

Licenses / Designations / Educational Credits:CEU
All US States: 2.5
All Canadian Provinces: 2.5
About The Provider: Since 1983 Total Training Solutions has produced dozens of videotapes, CD-Roms, DVD's and web-based training modules. In addition to off-the-shelf products, Total Training Solutions also develops custom training products and consults with financial institutions to develop their own training curriculum.

For timely delivery of training topics, webinars or web conferencing is an unbeatable option. We now offer over 100 live programs per year and you can even purchase the recorded or ondemand session if you are unable to attend the live program.

We have worked exclusively with the financial industry since our founding. Because of this, we understand the needs of training departments in financial institutions and are alert to changes which affect the industry.

Webinar Descriptions:

Live Session:
Attend the live session with the opportunity to ask questions to the presenter. You also receive a link to the handouts. All registrations for a live event will be given access to the OnDemand recording, at no additional cost, for seven days following the event. This will allow a flexible alternative when last minute conflicts intrude on scheduled events.

Recorded CD:
CD-Rom includes audio and video of recorded webinar plus hard copy handouts. You will also receive 6 months access to the OnDemand weblink as an added free bonus.

OnDemand:
Includes a weblink for unlimited viewing for 6 months after the date of the webinar as well as a link to handouts.

Live + Recorded:
Includes all three options above. Live session, OnDemand Weblink, and CD-Rom plus Hardcopy Handouts.

Live + OnDemand:
Includes two of the options above. Live session and 6 months access to OnDemand Weblink plus link to handouts.
Price: $265.00
More Info: Contact Us For More Information
Share This: Share on Facebook


Share on Twitter


Share on Google+


Currently Scheduled Dates For This Webcast
Course TitleDatePrice
Countdown To FATCA: What It Means To Your Financial InstitutionCD/On-Demand$325.00

Call Report for Banks - Recent Changes, Highlights, and Pitfalls
Call Report for Banks - Recent Changes, Highlights, and Pitfalls

Flood Insurance: Compliance Issues And Enforcement Topics That Continue To Plague Lenders
Flood Insurance: Compliance Issues And Enforcement Topics That Continue To Plague Lenders

What To Do When A Customer Dies
What To Do When A Customer Dies

Sixty (60) Critical Steps For Handling Delinquent And Abandoned Safe Deposit Boxes
Sixty (60) Critical Steps For Handling Delinquent And Abandoned Safe Deposit Boxes

Right of Setoff
Right of Setoff

Federal Benefit Payments Garnishment Requirements
Federal Benefit Payments Garnishment Requirements

Certified Regulatory Vendor Program Manager
Certified Regulatory Vendor Program Manager

Cash Management: How Sales, Operations, and Technology Can Work Together to Generate More Fee Income
Cash Management: How Sales, Operations, and Technology Can Work Together to Generate More Fee Income

Underwriting Construction Loans
Underwriting Construction Loans

BSA Requirements
BSA Requirements

Bank and Financial Institution Fraud
Bank and Financial Institution Fraud

Qualified Financial Advisor (QFA)
Qualified Financial Advisor (QFA)

Loan Officer Boot Camp
Loan Officer Boot Camp

CSA Certified Senior Advisor
CSA Certified Senior Advisor

Loan Processing 101: The Basics
Loan Processing 101: The Basics

FHA Direct Endorsement - DE Underwriting
FHA Direct Endorsement - DE Underwriting

 BankTrainingCenter.com. 5755 North Point Parkway, Suite 228 | Alpharetta, GA 30022 | 770-410-9375 | support@BankTrainingCenter.com
Copyright BankTrainingCenter.com 2017 | Web Site Development by OTAU
Facebook