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hi Iamp;#39;m Adam from FATCA services CA as many of you may have become aware from a recent news the foreign account Tax Compliance Act also known as FATCA has taken effect on July first 2014 FATCA requires foreign financial institutions to report financial accounts of non-resident US taxpayers to the IRS this makes it very important that you comply with FATCA which raises the question are you fat code compliant whether you were born in the United States but live in Canada or of parents who are both US citizens you will be required to file US tax returns this includes any information returns to report your foreign financial accounts on februari 5th 2014 Canada and United States announced an intergovernmental agreement that acknowledges Canadaamp;#39;s intent to fully implement FATCA across the country in order for us taxpayers residing in Canada to remain factor compliant the information you provide has to be complete and correct since the IRS will have access to your information su
