FATCA Model 2 Reporting

FATCA (Foreign Account Tax Compliance Act) requires foreign financial institutions to report information about U.S. account holders to the IRS.

Basswood Counsel supports Model 2 IGA financial institutions in meeting their FATCA registration and reporting obligations with confidence and clarity. We streamline Model 2 FATCA compliance for financial institutions and fund managers—reducing errors, saving time, and ensuring smoother coordination across jurisdictions. With a client-friendly workflow and direct coordination with the IRS, we help fund managers and foreign financial institutions stay focused on performance while ensuring smooth, compliant reporting.