Training Session

Thursday
Apr 22, 2021
9:00 AM

To

Thursday
Apr 22, 2021
1:00 PM
Where ?
N/A
This is an online training

Objectives

This training session aims at explaining to participants (i) the provisions of the Hiring Incentives to Restore Employment (HIRE) Act of 18 March 2010 commonly referred to as the Foreign Account Tax Compliance Act (“FATCA”), as implemented by the Luxembourg law of 24 July 2014, and (ii) the provisions of the Common Reporting Standard (“CRS”) as implemented by the Luxembourg Law of 18 December 2015 on the CRS.

Content

Practice (with a bit of theory)

CRS and FATCA forms
- Rules* for W-9, W-8BEN and W-8BEN-E forms
- Zoom on Reporting Model 1 FFI, Investment Advisor/Manager, Active NFFE and Passive NFFE
- Completion of some examples

CRS and FATCA reports
- Applicable framework
- The FATCA & CRS report components
- Zoom on GIIN and TIN specifications

Production of CRS and FATCA reports (practical cases)
- Identification of a reportable account under FATCA & CRS
- Issuance of a Nil report
- Issuance of FATCA & CRS reports

Q&A

* QI excluded

Speakers

​Nicola Losito (Senior Manager, Arendt Regulatory & Consulting),
Lucile Dos Santos (Senior Associate, Tax Law, Arendt & Medernach).

Target Group

​People in charge of KYC and Compliance aspects, board members of Luxembourg investment structures, legal officers.

Duration

4 hours including a 30-minute break.

Language

English

Price

€500

A discount of 50 EUR applies if you register to the “Theory” session on Tuesday 20/04.

Point of attention

This module is part 2 of 2 of the “Boost your FATCA and CRS knowledge” training series. Attendance to the complete series: Theory and Practice is possible but not mandatory. Module 1: Theory is delivered on 20.04.  Please click here to view its full description

 

For any information, please contact us by e-mail institute@arendt.com

Related Content

Lucile Dos Santos
Associate

Nicola Losito
Senior Manager

Regulatory Consulting

Arendt Regulatory & Consulting SA

41A, Avenue JF Kennedy L-2082 Luxembourg infoarc@arendt.com

T (352) 26 09 10 1
F (352) 26 09 10 7750