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Form 8957 Talimatlar

Form 8957, Yabancı Hesap Vergi Uyum Yasası (FATCA) Kayıt

Rev. Haziran 2018

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  • Form 8957 - Yabancı Hesap Vergi Uyum Yasası (FATCA) Kayıt
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Department of the Treasury  
Internal Revenue Service  
Instructions for Form 8957  
Foreign Account Tax Compliance Act (FATCA) Registration  
(Rev. June 2018)  
Section references are to the Internal Revenue  
Code unless otherwise noted.  
monthly to add or remove approved  
entities or their branches.  
modified by the applicable Model 2  
IGA.  
An FFI, or branch of an FFI, other  
than one covered by an IGA (other  
than when registration is required  
under the applicable IGA) can register  
to:  
Future Developments  
How To Register  
Additional information about the  
registration process may be posted at  
Online registration. The FATCA  
registration website is a secure  
web-based system that enables FIs and  
Direct Reporting NFFEs to register  
electronically from anywhere in the world  
without the need to print, complete, and  
mail paper forms. FIs and Direct Reporting  
NFFEs are encouraged to register online  
– enter into an FFI Agreement to be  
What’s New  
Changes to Form 8957, line 4. Form  
8957 has been updated to include  
treated as a PFFI, or  
– agree to meet the requirements to  
be treated as an RDCFFI.  
An entity seeking to act as a  
additional FATCA classifications on Part  
1, line 4. These classifications are also  
used to determine Member FI types in Part  
2, line 12. The FATCA classifications have  
been broken down into more specific  
FATCA categories that are consistent with  
the chapter 4 status to be reported on  
other forms (for example, W-8BEN-E,  
W-8IMY, W-8EXP). Refer to the  
Sponsoring Entity can register to agree  
to perform the due diligence, reporting,  
and withholding responsibilities on behalf  
of one or more Sponsored Entities.  
Paper registration. FIs and Direct  
Reporting NFFEs that choose to register  
using the paper form must mail Form 8957  
and all required attachments to:  
Note. A foreign branch of a USFI  
located in a Model 2 IGA jurisdiction  
does not need to register unless such  
foreign branch intends to apply for status  
as a QI and is required to obtain a GIIN as  
a condition of such status.  
Internal Revenue Service  
FATCA, Stop 6099 AUSC  
3651 South IH 35  
Definitions section, later, for the definition  
of each FATCA classification.  
Austin, Texas 78741  
A USFI seeking to act as a Lead FI  
for purposes of registering its Member  
FIs can register to identify itself as such.  
A Direct Reporting NFFE can register  
to agree to perform the due diligence and  
reporting obligations required of its status  
as a Direct Reporting NFFE.  
Reminders  
If an FI or a Direct Reporting NFFE  
chooses to file a paper registration form,  
the IRS will establish an online FATCA  
account for the FI or Direct Reporting  
NFFE and provide the FI or Direct  
Removal of limited FFI and limited  
branch statuses. The transitional period  
for limited FFI and limited branch statuses  
has expired. In Part 1, line 4, and Part 2,  
line 12, Limited Financial Institution is  
removed as a FATCA classification.  
Reporting NFFE with information on how  
to access the online FATCA account to  
view, manage, and edit its FATCA  
A trustee of a Trustee-Documented  
Trust can register to agree to perform the  
due diligence and reporting obligations on  
behalf of one or more  
Renewal of QI, WP, and WT agree-  
ments. QIs, WPs, and WTs no longer  
renew their agreements using Form 8957.  
Instead, QIs, WPs, and WTs renew their  
agreements using the QI/WP/WT  
Application and Account Management  
System.  
information. If the paper FATCA  
registration form is incomplete, the FI or  
Direct Reporting NFFE will be contacted  
by mail to provide additional information  
necessary for the IRS to process the  
registration form and establish the FI’s or  
Direct Reporting NFFE's online account.  
Trustee-Documented Trusts.  
A Sponsored Entity should not  
register for itself. A Sponsored  
!
CAUTION  
Entity must be registered by its  
Sponsoring Entity on the FATCA  
registration website.  
Who Is Eligible  
To Register  
General Instructions  
Purpose of Form  
Before Completing  
Form 8957  
The following entities are eligible to  
register (on behalf of themselves and their  
branches) for the specific purposes  
described below, as well as to obtain a  
GIIN.  
Form 8957 is used by an FI or a Direct  
Reporting NFFE to register itself and its  
branches, if any, as a participating foreign  
financial institution (PFFI) (including a  
Reporting FI under a Model 2 IGA), a  
registered deemed-compliant foreign  
financial institution (RDCFFI), a Reporting  
Financial Institution under a Model 1 IGA,  
a sponsoring entity (Sponsoring Entity), a  
Direct Reporting NFFE, a trustee of a  
Trustee-Documented Trust, or a U.S. FI.  
In connection with its FATCA registration,  
an FI, a U.S. financial institution (USFI)  
acting as a Lead FI, a Sponsoring Entity,  
and a Direct Reporting NFFE will be  
issued a GIIN and will be identified on the  
IRS FFI List. The IRS FFI List is updated  
There are two parts and a signature line to  
the FATCA registration form. An FI or  
Direct Reporting NFFE will need to  
complete only the relevant parts of the  
form for the particular type of registration  
requested.  
An FFI, or foreign branch of an FFI  
or USFI, treated as a Reporting FI  
under a Model 1 IGA can register to  
authorize one or more points of contact to  
receive information related to registration  
on the FI’s behalf.  
Part 1 must be completed by all FIs and  
Direct Reporting NFFEs to provide basic  
identifying information.  
An FFI, or foreign branch of an FFI,  
treated as a Reporting FI under a  
Model 2 IGA can register to:  
Part 2 should be completed only by a  
Lead FI via the FATCA registration  
– authorize one or more points of  
contact to receive information related  
to registration on the FI's behalf, and  
– confirm that it will comply with the  
terms of an FFI Agreement, as  
website. A Lead FI will identify in Part 2  
each Member FI for which it is acting as a  
Lead FI and that is treated as a PFFI  
(including a Reporting FI under a Model 2  
IGA), RDCFFI, a Reporting FI under a  
Jun 29, 2018  
Cat. No. 59561K  
   
Model 1 IGA, or a Direct Reporting NFFE.  
Additionally, for purposes of registration, a  
Member FI may include a foreign branch  
of a USFI that is registering to obtain a  
GIIN or to renew its QI Agreement.  
insurance company (or holding company  
of an insurance company) that issues  
cash value insurance or annuity contracts.  
Direct Reporting NFFE  
A Direct Reporting NFFE is a nonfinancial  
foreign entity that has elected to report its  
substantial U.S. owners to the IRS  
pursuant to Treasury Regulations section  
1.1472-1(c)(3).  
Foreign Financial Institution (FFI)  
A Foreign Financial Institution (FFI) means  
a Financial Institution that is not located in  
the United States and includes: (1) an FFI  
treated as a Reporting FI under a Model 1  
IGA, including foreign branches of a USFI  
or U.S. Territory FI, (2) an FFI treated as a  
Reporting FI under a Model 2 IGA, and (3)  
a foreign branch of a USFI that has in  
effect a QI Agreement.  
The signature line and the associated  
checkbox must be completed by all FIs  
and Direct Reporting NFFEs and requires  
an FI or a Direct Reporting NFFE to certify  
that the information provided in the  
Exempt Beneficial Owner  
Exempt Beneficial Owner means an entity  
described in Treasury Regulations section  
1.1471-6 as: (1) a foreign government, a  
political subdivision of a foreign  
FATCA registration form is accurate and  
complete and that the individual signing  
the registration form is authorized to agree  
that the FI or Direct Reporting NFFE  
intends to comply with its FATCA  
government, or a wholly owned agency or  
instrumentality of any one or more of the  
foregoing; (2) an international organization  
or a wholly owned agency or  
obligations, if applicable, in accordance  
with the status or statuses for which it has  
registered itself or any of its branches.  
GIIN  
instrumentality thereof; (3) a foreign  
central bank of issue; (4) a government of  
a U.S. Territory; (5) a treaty-qualified  
retirement fund; (6) a broad participation  
retirement fund; (7) a narrow participation  
GIIN means a global intermediary  
identification number assigned to an  
approved FI, Sponsoring Entity,  
Reporting FIs under a Model 1 or Mod-  
el 2 IGA. Most Reporting FIs under a  
Model 1 IGA are registering only to obtain  
Sponsored Entity, or Direct Reporting  
NFFE. A separate GIIN will be issued to  
an FI to identify each jurisdiction, including  
the jurisdiction of an FI's residence, in  
which the FI maintains a branch. A Direct  
Reporting NFFE will be issued only one  
GIIN, irrespective of where it maintains  
branches.  
a GIIN and to authorize one or more points retirement fund; (8) a fund formed  
of contact (POCs) to receive information  
related to FATCA registration on behalf of  
the FI. Most Reporting FIs under a Model  
pursuant to a plan similar to a section  
401(a) plan; (9) an investment vehicle  
used exclusively for retirement funds; (10)  
2 IGA are registering only to obtain a GIIN, a pension fund of an exempt beneficial  
authorize one or more POCs to receive  
information related to FATCA registration  
on behalf of the FI, and confirm that they  
will comply with the terms of an FFI  
Agreement as modified by the applicable  
Model 2 IGA.  
owner; or (11) an entity wholly owned by  
exempt beneficial owners. The term  
“Exempt Beneficial Owner” also includes  
any entity treated as an exempt beneficial  
owner pursuant to a Model 1 or Model 2  
IGA.  
An FI, a Direct Reporting NFFE, a  
Sponsoring Entity, or a Sponsored Entity  
may use its GIIN to identify itself to  
withholding agents and tax administrators  
for FATCA reporting. GIINs are  
A Reporting FI under a Model 1 or  
Model 2 IGA that is operating one or more  
branches not in an IGA jurisdiction is also  
agreeing to the terms of an FFI Agreement  
for any such branch, unless the branch is  
treated as a related branch that meets the  
requirements of the applicable IGA. Such  
related branch should not be registered.  
alphanumeric, comprised of 19 characters  
with the following format:  
Expanded Affiliated Group (EAG)  
An Expanded Affiliated Group (EAG)  
means one or more chains of members  
connected through ownership by a  
common parent entity if the common  
parent entity directly owns stock or other  
equity interests meeting the requirements  
of Treasury Regulations section  
1.1471-5(i)(4) in at least one of the other  
members.  
XXXXXX.XXXXX.XX.XXX. A detailed  
breakdown that includes the information  
on each set of characters in the GIIN can  
Lead FI  
A Lead FI means a USFI, FFI, or a  
Definitions  
For detailed information about definitions  
that apply for purposes of FATCA  
Compliance FI that initiates the FATCA  
registration for each of its Member FIs that  
is a PFFI or RDCFFI. A Lead FI is not  
required to act as a Lead FI for all Member  
FIs within an EAG. Thus, an EAG may  
include more than one Lead FI that  
generally (Internal Revenue Code  
FATCA ID  
sections 1471-1474), see Treasury  
Regulations section 1.1471-1. A Reporting  
FI under a Model 1 or Model 2 IGA should  
refer to the applicable IGA for definitions.  
Each registering FI or Direct Reporting  
NFFE will be provided a FATCA ID that  
will be used for purposes of establishing  
and accessing the FI’s or Direct Reporting  
NFFE's online FATCA account. For all FIs  
and Direct Reporting NFFEs, other than  
Member FIs, the FATCA ID is a randomly  
generated six-character alphanumeric  
string. For Member FIs, the FATCA ID will  
be comprised of 12 characters: the first six  
characters will be the Lead FI’s FATCA ID,  
followed by a period, and the last five  
characters will be alphanumeric and  
assigned sequentially to each Member.  
The FATCA ID is not the same as the  
GIIN.  
initiates the FATCA registration for a group  
of its Member FIs. A Lead FI will be  
provided the ability to manage the online  
FATCA account for its Member FIs. If a  
Lead FI submits a paper Form 8957, the  
IRS will create an online FATCA account  
for the Lead FI and will provide the Lead FI  
with information on how to access its  
FATCA account, including a FATCA ID  
and temporary access code. The Lead FI  
will then need to add each of its Member  
FIs via the FATCA registration website.  
The Lead FI may complete the registration  
for a Member FI or it may instruct the  
Member FI to do so.  
Solely for purposes of FATCA  
registration, the following definitions are  
provided to help guide FIs through the  
process.  
Compliance FI  
A Compliance FI means a PFFI, Reporting  
FI under a Model 1 or Model 2 IGA, or  
USFI that agrees to establish and maintain  
a consolidated compliance program and  
to perform a consolidated periodic review  
on behalf of one or more Member FIs that  
are part of its EAG (the compliance  
group). A Compliance FI must meet the  
requirements to register as a Lead FI, and  
as part of that registration, it must identify  
each Member FI that is included in its  
compliance group.  
Financial Institution (FI)  
Financial Institution (FI) means an  
Member FI  
institution that is a depository institution,  
custodial institution, investment entity, or  
A Member FI means an FFI or a Direct  
Reporting NFFE that is registering as a  
Instructions for Form 8957 (Rev. 6-2018)  
-2-  
 
member of an EAG that is not acting as a  
Lead FI and that is registering as a PFFI,  
RDCFFI, or Direct Reporting NFFE. For  
the terms of the applicable Model 2 IGA,  
or (3) is a foreign branch of a USFI that  
has in effect a QI Agreement and that is  
the terms of a Model 1 IGA that is treated  
as in effect. The term Reporting FI also  
includes a foreign branch of a USFI that is  
a Reporting FI under the terms of a Model  
1 IGA that is treated as in effect.  
purposes of registration, a Member FI may also agreeing to the terms of an FFI  
also include a foreign branch of a USFI  
that is treated as a Reporting FI under a  
Model 1 IGA, or that intends to apply for  
status as a QI and is required to obtain a  
GIIN as a condition of such status. A  
Member FI will need to obtain its FATCA  
Agreement, unless such branch is treated  
as a Reporting FI under a Model 1 IGA  
(see definition of Reporting FI Under a  
Model 1 IGA). See Rev. Proc. 2014-38,  
available at IRS.gov/irb/  
Reporting FI Under a Model 2 IGA  
A Reporting FI under a Model 2 IGA  
means an FI that is a Reporting FI under  
the terms of a Model 2 IGA that is treated  
as in effect. A foreign branch of a USFI  
treated as a Reporting FI under the terms  
of a Model 2 IGA is not required to submit  
a FATCA registration form to obtain a  
GIIN, unless it intends to apply for status  
as a QI and is required to obtain a GIIN as  
a condition of such status.  
2014-29_IRB#RP-2014-38 (as updated),  
ID from its Lead FI and provide the FATCA for the FFI Agreement.  
ID on the paper FATCA registration form.  
The FATCA ID is used to identify the  
Point of Contact (POC)  
Member FI for purposes of registration  
A Point of Contact (POC) is an individual  
and is not the same number as the GIIN.  
authorized by the FI or Direct Reporting  
NFFE to receive FATCA-related  
Model 1 IGA  
information regarding the FI or Direct  
Reporting NFFE and to take other  
A Model 1 IGA means an agreement  
between the United States or the Treasury FATCA-related actions on behalf of the FI  
Single FI  
Department and a foreign government or  
one or more foreign agencies to  
or Direct Reporting NFFE.  
A Single FI means an FI that does not  
have any Member FIs and that is  
registering for PFFI or RDCFFI status for  
itself or one or more of its branches. A  
Single FI may also include a foreign  
branch of a USFI treated as a Reporting FI  
under a Model 1 IGA or that has in effect a  
QI Agreement.  
implement FATCA through reporting by  
financial institutions to such foreign  
government or agency thereof, followed  
by automatic exchange of the reported  
information with the IRS. For a list of  
jurisdictions treated as having an IGA in  
effect, see “List of Jurisdictions” available  
Qualified Intermediary (QI)  
A Qualified Intermediary (QI) means an  
entity that has entered into a qualified  
intermediary withholding agreement (QI  
Agreement) with the IRS. See Rev. Proc.  
2014-39, available at IRS.gov/irb/  
2014-29_IRB#RP-2014-39 (as updated),  
for the QI Agreement.  
Sponsored Direct Reporting NFFE  
A Sponsored Direct Reporting NFFE  
means a Direct Reporting NFFE that has  
another entity, other than a  
Registered Deemed-  
Model 2 IGA  
Compliant FFI (RDCFFI)  
A Model 2 IGA means an agreement or  
arrangement between the United States or  
the Treasury Department and a foreign  
government or one or more foreign  
agencies to implement FATCA through  
reporting by financial institutions directly to  
the IRS in accordance with the  
nonparticipating FFI, that agrees to act as  
its Sponsoring Entity.  
A Registered Deemed-Compliant FFI  
(RDCFFI) means: (1) an FFI that is  
registering to confirm that it meets the  
requirements to be treated as a local FFI,  
nonreporting FI member of a PFFI group,  
qualified collective investment vehicle,  
restricted fund, qualified credit card issuer,  
sponsored investment entity, or  
Sponsored Entity  
A Sponsored Entity means a Sponsored  
FFI or a Sponsored Direct Reporting  
NFFE.  
requirements of an FFI Agreement,  
supplemented by the exchange of  
information between such foreign  
government or agency thereof and the  
IRS. For a list of jurisdictions treated as  
having an IGA in effect, see “List of  
Jurisdictions” available at treasury.gov/  
sponsored controlled foreign corporation  
(under Treasury Regulations section  
1.1471-5(f)(1)(i)); (2) a Reporting FI under  
a Model 1 IGA and that is registering to  
obtain a GIIN; or (3) an FFI that is treated  
as a Nonreporting FI under a Model 1 or  
Model 2 IGA and that is registering  
pursuant to the applicable Model 1 or  
Model 2 IGA.  
Sponsored FFI  
A Sponsored FFI means an FFI that is an  
investment entity or a controlled foreign  
corporation having a Sponsoring Entity  
that will perform the due diligence,  
withholding, and reporting obligations on  
its behalf.  
Nonreporting FI  
Sponsoring Entity  
A Nonreporting FI means an entity that is  
established in a jurisdiction that has in  
effect a Model 1 or Model 2 IGA and that  
is treated as a nonreporting FI in Annex II  
of the applicable Model 1 or Model 2 IGA  
or that is otherwise treated as a  
Related Branch  
A related branch means a related branch  
of a Reporting FI under a Model 1 or  
Model 2 IGA that is treated as a  
A Sponsoring Entity means an entity that  
will perform the due diligence, withholding,  
and reporting obligations of one or more  
Sponsored FFIs or the due diligence and  
reporting obligations of one or more  
nonparticipating FFI under Article 3(5) of  
the Model 2 IGA (or any analogous  
provision in an applicable Model 2 IGA) or  
Article 4(5) of the Model 1 IGA (or any  
analogous provision in an applicable  
Model 1 IGA) if the requirements in the  
applicable IGA with respect to such  
related branch are satisfied.  
deemed-compliant FFI or an exempt  
beneficial owner under Treasury  
Sponsored Direct Reporting NFFEs.  
Regulations section 1.1471-5 or 1.1471-6.  
Trustee-Documented Trust  
A Trustee-Documented Trust is a trust  
described as such in a Model 1 IGA or a  
Model 2 IGA.  
Participating FFI (PFFI)  
A Participating FFI (PFFI) means an FFI  
that: (1) is registering to agree to enter into  
an FFI Agreement, (2) is treated as a  
Reporting FI under a Model 2 IGA and that  
is certifying that it will comply with the  
terms of an FFI Agreement, as modified by  
United States  
Reporting FI Under a Model 1 IGA  
United States means the United States of  
A Reporting FI under a Model 1 IGA  
America, including the States thereof, but  
means an FI that is a Reporting FI under  
Instructions for Form 8957 (Rev. 6-2018)  
-3-  
 
does not include the U.S. Territories. Any  
reference to a “State” of the United States  
includes the District of Columbia.  
compliance program should be registered  
as Member FIs by the Lead FI that is  
acting as the Compliance FI for the  
compliance group.  
Specific Instructions  
Part 1: Financial Institution  
U.S. Financial Institutions (USFI)  
A U.S. Financial Institution (USFI) means  
an FI that is a resident of the United  
States.  
Reporting FI under a Model 1 IGA. A  
disregarded entity in a Model 1 IGA  
jurisdiction must register as an entity  
separate from its owner in order to be  
treated as a Reporting FI under a Model 1  
IGA, provided that the disregarded entity  
is treated as a separate entity for purposes  
of its reporting to the applicable Model 1  
jurisdiction.  
Registration  
A Direct Reporting NFFE may  
register by following the  
TIP  
instructions for FIs throughout  
these Specific Instructions, except where  
U.S. Territory  
otherwise indicated.  
U.S. Territory means American Samoa,  
the Commonwealth of the Northern  
Mariana Islands, Guam, the  
Line 1. Check the box applicable to your  
FI status as described below. Only one  
box may be checked.  
FFIs and Direct Reporting NFFEs that  
are also Sponsoring Entities. An FFI or  
Direct Reporting NFFE that will also act as  
a Sponsoring Entity for one or more  
Commonwealth of Puerto Rico, or the U.S.  
Virgin Islands.  
A Single FI is an FI that has no  
Member FIs, and that is registering for  
PFFI or RDCFFI status for itself or one or  
more of its branches. A Single FI may also  
include a foreign branch of a USFI that is  
treated as a Reporting FI under a Model 1  
IGA or that intends to apply for status as a  
QI and is required to obtain a GIIN as a  
condition of such status.  
Withholding Foreign  
Partnership (WP)  
Sponsored Entities is required to submit a  
second registration form to act as a  
Sponsoring Entity. The Sponsoring Entity  
will receive a separate GIIN and should  
only use that GIIN when it is fulfilling its  
obligations as a Sponsoring Entity.  
A Withholding Foreign Partnership (WP)  
means a foreign partnership that has  
entered into a withholding foreign  
partnership agreement (WP Agreement)  
with the IRS. See Rev. Proc. 2014-47,  
available at IRS.gov/irb/  
Sponsored Entities. A Sponsored FFI  
and Sponsored Direct Reporting NFFE  
must be registered by their Sponsoring  
Entity through the FATCA registration  
website after the Sponsoring Entity’s  
registration is approved. GIINs will be  
issued to each approved Sponsored Entity  
and published on the IRS FFI List. A  
Sponsored Entity is required to provide its  
own GIIN (rather than the GIIN of its  
Sponsoring Entity) to withholding agents.  
A Lead FI means a USFI, FFI, or  
Compliance FI that will carry out FATCA  
registration for each of its Member FIs that  
is a PFFI or RDCFFI. A Lead FI is not  
required to act as a Lead FI for all Member  
FIs within an EAG.  
A Member FI will need to obtain its  
FATCA ID from its Lead FI and provide the  
FATCA ID on the registration form. The  
FATCA ID is used to identify the Member  
FI for purposes of registration and is not  
the same number as the GIIN.  
A Sponsoring Entity is an entity that  
will perform the due diligence, withholding,  
and reporting obligations of one or more  
Sponsored FFIs or the due diligence and  
reporting obligations of one or more  
Sponsored Direct Reporting NFFEs. A  
trustee of a Trustee-Documented Trust  
should select “Sponsoring Entity” on line 1  
if it is registering to obtain a GIIN to use  
when fulfilling its obligations as a trustee of  
a Trustee-Documented Trust.  
A disregarded entity that is registering  
separate from its owner in order to be a  
Reporting FI under a Model 1 IGA should  
select “Single FI” or “Member FI,” as  
appropriate.  
2014-35_IRB#RP-2014-47 (as updated),  
for the WP Agreement.  
Withholding Foreign Trust (WT)  
A Withholding Foreign Trust (WT) means  
a foreign trust that has entered into a  
withholding foreign trust agreement (WT  
Agreement) with the IRS. See Rev. Proc.  
2014-47, available at IRS.gov/irb/  
2014-35_IRB#RP-2014-47 (as updated),  
for the WT Agreement.  
Trustees of Trustee-Documented  
Trusts. A trustee of a  
Trustee-Documented Trust is generally  
required to submit a registration form to  
obtain a GIIN and should only use that  
GIIN when fulfilling its obligations as a  
trustee of a Trustee-Documented Trust. In  
addition, a trustee that is an FFI may need  
to submit a second registration form for  
use in reporting for its own accounts.  
Special Rules  
Lead FI and Member FIs of an EAG. In  
general, all FFIs, other than exempt  
beneficial owners or certified  
deemed-compliant FFIs, that are part of  
the same EAG must be registered. For  
purposes of registration, an EAG may  
have more than one Lead FI and may  
organize itself for purposes of registration  
into subgroups under different Lead FIs.  
For example, an EAG of 10 FFIs may  
decide to select two different Lead FIs,  
Lead FI 1 and Lead FI 2. Lead FI 1 can  
carry out FATCA registration on behalf of  
four of its Member FIs and Lead FI 2 can  
carry out FACTA registration on behalf of  
four of its other Member FIs. All 10 FFIs  
within the same EAG will be registered,  
even though they are registered under two  
different Lead FIs. Each Lead FI must  
identify the Common Parent Entity of the  
EAG in Part 2, line 13, of the Lead FI’s  
registration.  
USFIs treated as Lead FIs. A USFI  
registering as the Lead FI on behalf of its  
Member FIs will register as a Lead FI and  
be issued a GIIN.  
Branches. In general, a branch must be  
registered as a branch of its owner and not  
as a separate entity. However, see  
for a special rule for branches that are  
disregarded entities in Model 1 IGA  
jurisdictions.  
Line 2. Enter the legal name of the FI.  
The legal name is the name the FI uses in  
official incorporation or organization  
documents, or the name otherwise  
recognized by the residence jurisdiction  
government as the FI's official name.  
Line 3a. Enter the FI’s jurisdiction of  
residence for tax purposes. The  
jurisdiction of residence generally is the  
jurisdiction in which the FI is treated as a  
resident for income tax purposes (for  
example, the place of incorporation or  
place of principal management and  
control). If the FI is a dual resident, identify  
one of the countries where it is a tax  
Consolidated compliance program.  
If an EAG has in place a consolidated  
compliance program, as described in  
Treasury Regulations section 1.1471-4(f)  
(2)(ii), then Member FIs that elect to  
participate in the same consolidated  
Instructions for Form 8957 (Rev. 6-2018)  
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resident on this line and identify the  
second jurisdiction of tax residence on  
line 8 (if the second jurisdiction is the  
United States) or line 9 (if the second tax  
residence jurisdiction is a country other  
than the United States).  
branches in the United States, the FI  
should enter this information on line 8.  
Line 10. Provide the name, title, address,  
and contact information of the  
Responsible Officer (RO) of the FI. For  
purposes of line 10, RO means the person  
authorized under applicable local law to  
establish the statuses of the FI's home  
office and branches as indicated on the  
registration form. To have the authority to  
“establish the statuses” for purposes of  
this line 10, an RO must have the authority  
to act on behalf of the FI to represent the  
FATCA status(es) of the FI to the IRS as  
part of the registration process. The RO  
for purposes of this line must also have  
the authority under local law to designate  
additional POCs. The individual identified  
as the RO on this line 10 will be the only  
individual who will receive emails from the  
IRS related to the FI's FATCA account.  
Line 5. Enter the mailing address of the  
FI. The address provided will be used to  
send all mail correspondence related to  
the FI's FATCA registration, FATCA  
account, and any other related matters.  
Partnerships and other flow-through  
entities. For a partnership or other  
flow-through entity, the FI’s jurisdiction of  
residence means the jurisdiction under the  
laws of which the entity is organized or  
established or, if not organized or  
established under the laws of any  
jurisdiction, the jurisdiction where it  
maintains its principal office.  
Line 6. Check the appropriate box to  
indicate that the FI is a party to a QI, WP,  
or WT Agreement with the IRS and  
provide the EIN that was issued to the FI  
for use in identifying itself when acting in  
its capacity as a QI, WP, or WT. If the FI  
enters into a QI, WP, or WT agreement  
after it submits this registration form, the FI  
Line 3b. Enter the FI's country/jurisdiction should amend its response to this  
tax ID. Some countries/jurisdictions may  
use a Tax Identification Number ("TIN") to  
identify taxpayers. If the FI is in a  
question to reflect its new status as a QI,  
WP, or WT and add its EIN to its  
registration. This is done by editing the  
The meaning of “authority to act on  
behalf of the FI to represent its FATCA  
status” is determined based on the FI's  
status, as follows.  
jurisdiction that uses TINs and the FI has a FI's online FATCA account. For more  
TIN, enter its TIN on this line. If the FI does information, see Paper registration on  
not have a TIN, leave this line blank.  
page 1. Check “Yes” or “No” to indicate  
whether the FI intends to maintain its  
status as a QI, WP, or WT.  
Check “Not Applicable” if the FI is not a  
party to a QI, WP, or WT Agreement with  
the IRS.  
Line 4. Check the box applicable to your  
FATCA classification in your jurisdiction of  
tax residence. Only one box may be  
With respect to a PFFI, an RO is an  
officer of the FFI (or an officer of any  
Member FI that is a PFFI, Reporting FI  
under a Model 1 IGA, or Reporting FI  
under a Model 2 IGA) with authority to  
fulfill the duties of an RO described in an  
FFI Agreement.  
checked. See Definitions section, earlier,  
for definitions of the terms used on line 4.  
If you are a Reporting FI under a Model  
1 IGA, select “Reporting Financial  
Institution under a Model 1 IGA.”  
If you are a Nonreporting FI registering  
pursuant to an applicable Model 1 or  
Model 2 IGA, select the Registered  
Deemed-Compliant FFI category that  
most closely matches the category in  
Annex II of the applicable IGA for which  
you qualify.  
If you are the Sponsoring Entity of both  
one or more Sponsored FFIs and one or  
more Sponsored Direct Reporting NFFEs,  
select “Sponsoring Entity of Sponsored  
FFIs and Sponsored Direct Reporting  
NFFEs.”  
Line 7. Check “Yes” if the FI maintains a  
branch outside its jurisdiction of tax  
residence. A branch is a unit, business, or  
office of an FI that is treated as a branch  
under the regulatory regime of a  
With respect to a PFFI that elects to be  
part of a consolidated compliance  
program, an RO is an officer of the  
Compliance FI with authority to fulfill the  
duties of an RO described in the FFI  
Agreement on behalf of each FFI in the  
compliance group (regardless of whether  
the FFI is treated as a Reporting FI under  
a Model 1 IGA or Reporting FI under a  
Model 2 IGA).  
jurisdiction or is otherwise regulated under  
the laws of a jurisdiction as separate from  
other offices, units, or branches of the FI.  
FIs should treat all offices or business  
units within any one jurisdiction as a single  
branch.  
Sponsoring Entities, Trustees of  
Trustee-Documented Trusts, and  
Direct Reporting NFFEs. If you are  
applying as a Sponsoring Entity, trustee of  
a Trustee-Documented Trust, or Direct  
Reporting NFFE, you do not need to  
answer questions about your branches  
and should check “No.”  
With respect to an RDCFFI, an RO is an  
officer of the FI (or an officer of any  
Member FFI that is a PFFI, Reporting FI  
under a Model 1 IGA, or Reporting FI  
under a Model 2 IGA) with authority to  
ensure that the FFI meets the applicable  
requirements to be treated as an RDCFFI.  
With respect to a Reporting FI under a  
Model 1 IGA, an RO is any individual  
specified under local law to register and  
obtain a GIIN on behalf of the FFI. If,  
however, the Reporting FI under a Model  
1 IGA operates any branches outside of a  
Model 1 IGA jurisdiction, then the RO  
identified must be an individual who can  
satisfy the requirements under the laws of  
the Model 1 IGA jurisdiction and the  
requirements relevant to the registration  
type selected for each of its non-Model 1  
IGA branches.  
If you are a trustee of a  
Trustee-Documented Trust, select  
“Trustee of a Trustee-Documented Trust”  
on line 4 (and “Sponsoring Entity” on  
line 1).  
Line 8. Check “Yes” if the FI is either a  
U.S. resident or maintains a branch within  
the United States, and provide the EIN of  
the FI or U.S. branch, as appropriate.  
Note: FIs with branches in multiple ju-  
risdictions. An FI (other than a  
Line 9. Separately identify each  
jurisdiction where the FI maintains a  
branch outside of the United States,  
including if the FI maintains a branch in a  
U.S. Territory, other than jurisdictions  
where the FI maintains related branches.  
Use additional sheets to furnish the  
required information for each separate  
jurisdiction in which the FI maintains a  
branch.  
When a disregarded entity is required  
to register on its own behalf, discussed  
earlier, its owner should not report the  
disregarded entity as a branch on this  
line 9.  
Sponsoring Entity, USFI, or foreign branch  
of a USFI) that maintains branch  
operations in multiple jurisdictions should  
answer this question by treating the  
operations within its country of tax  
residence as if it were a branch (home  
office) and then classify whether such  
home office is participating or registered  
deemed compliant. On line 9 of the  
registration form, the FI should identify the  
jurisdictions (other than the United States)  
where it maintains branches outside of its  
jurisdiction of tax residence, other than  
jurisdictions where the FI maintains  
related branches. If the FI maintains  
With respect to a USFI that is  
registering as a Lead FI, an RO is any  
officer of the FI (or an officer of any  
Member FI) with authority to register its  
Member FIs and to manage the online  
FATCA accounts for such members.  
With respect to a Direct Reporting  
NFFE, an RO is the individual who will be  
responsible for ensuring that the Direct  
Instructions for Form 8957 (Rev. 6-2018)  
-5-  
Reporting NFFE meets its reporting  
obligations as a Direct Reporting NFFE  
and will act as a POC with the IRS in  
connection with its status as a Direct  
Reporting NFFE.  
adviser that will help complete the FATCA  
registration process should be entered as  
a POC on line 11b, and the “Business  
Title” field for that individual POC should  
be completed by inserting the name of the  
entity and the POC’s affiliation with the  
entity. Once the authorization is granted, it  
check "Yes" and go to Signature line.  
Otherwise, check "No" and complete  
line 13b. An Expanded Affiliated Group is  
generally defined in accordance with the  
principles of section 1504(a) of the Code  
to mean one or more chains of members  
connected through ownership by a  
With respect to a Sponsoring Entity, an  
RO is the individual who will be  
responsible for ensuring that the  
Sponsored Entity meets its obligations as  
a Sponsoring Entity and who will act as a  
POC with the IRS in connection with its  
obligations as a Sponsoring Entity.  
is effective until revoked by either the POC Common Parent Entity if the Common  
or by an authorizing individual of the FI.  
Parent Entity directly owns stock or other  
equity interests meeting the requirements  
of Treasury Regulations section  
Part 2: Information on  
Member FIs of an EAG  
1.1471-5(i)(4) in at least one of the other  
members (without applying the  
This part need not be completed by an FI  
that is a Member FI, Single FI, or  
Sponsoring Entity.  
Note. If an FI is a Lead FI, the FI’s RO will  
automatically be treated as a POC for the  
FI and any Member FI. As a result, the RO  
for a Lead FI may receive correspondence  
related to its Member FI’s FATCA  
information.  
The address provided should be the  
business address of the RO. The business  
address is defined as the address where  
the RO maintains his or her principal  
office.  
constructive ownership rules of section  
318 of the Code). Generally, only a  
corporation shall be treated as the  
Common Parent Entity of an Expanded  
Affiliated Group, unless the taxpayer  
elects to follow the approach described in  
Treasury Regulations section 1.1471-5(i)  
(10).  
Line 12. A Lead FI will be required to  
provide identifying information about its  
Member FIs via the FATCA registration  
website. The grid in Part 2 is provided to  
help the Lead FI collect Member FI  
information that it will need to complete  
the online version of Part 2 of the FATCA  
registration form. Do not mail identifying  
information for Member FIs to the IRS on  
the paper FATCA registration form. If a  
Lead FI submits a paper Form 8957, after  
the form is processed by the IRS, the Lead  
FI will receive a FATCA ID and temporary  
access code to access its online account  
and to complete Part 2 of the FATCA  
registration form for each of its Member  
FIs. In order to complete Part 2, the Lead  
FI will need to know the Member FI’s legal  
name, jurisdiction of tax residence, and  
member type. The member type is the  
Member FI’s FATCA classification.  
Line 13b. Enter the Legal Name of the  
Expanded Affiliated Group's Common  
Parent Entity. Also enter the FATCA ID (if  
known). If you do not know the FATCA ID  
of the Common Parent Entity, leave this  
blank.  
Line 11a. Check “Yes” and complete  
line 11b if the FI wants to appoint one or  
more POCs, other than the RO identified  
on line 10. A POC is an individual  
authorized to receive from the IRS  
Signature  
FATCA-related information regarding the  
FI and to take other FATCA-related  
actions on behalf of the FI. While the POC  
must be an individual, the POC does not  
need to be an employee of the FI.  
The individual signing the registration form  
on behalf of the FI should check the box,  
enter his or her name in the space  
provided, and then sign on the signature  
line at the bottom. The form will not be  
processed if the name of the individual or  
the signature is missing.  
Check “No” if the FI wants the IRS to  
send correspondence only to the RO  
identified on line 10.  
FATCA classifications are listed in Part 1,  
line 4. A Member FI may not be a  
For purposes of the signature line and  
the associated checkbox, the term “RO”  
means the individual with authority under  
local law to submit the information  
By listing one or more POCs on  
Sponsoring Entity or a trustee of a  
line 11b and checking the “Yes” box on  
line 11a, the individual identified in the  
checkbox on line 11b is providing the IRS  
with written authorization to release the  
FI’s FATCA information to the POC.  
Trustee-Documented Trust.  
The jurisdiction of residence of a  
Member FI generally is the jurisdiction in  
which the Member FI is treated as a  
resident for income tax purposes (for  
example, the place of incorporation or  
place of principal management and  
control). If the Member FI is a dual  
resident, identify one of the jurisdictions  
where it is a tax resident in this question.  
The second jurisdiction should be  
provided on behalf of the FI. In the case of  
FIs or FI branches not governed by a  
Model 1 IGA, this individual must also  
have authority under local law to certify  
that the FI meets the requirements  
applicable to the FI status or statuses  
identified on the registration form. The  
individual must be able to certify, to the  
best of his or her knowledge, that the  
information provided in the FI's registration  
is accurate and complete.  
Line 11b. For purposes of line 11b, the  
term “RO” means an individual who is  
authorized under local law to consent on  
behalf of the FI (an “authorizing  
individual”) to the disclosure of  
FATCA-related tax information to third  
parties. This individual may be the same  
as the individual identified as the RO on  
line 10. By listing one or more POCs on  
line 11b and checking the “Yes” box on  
line 11a, the authorizing individual  
identified as a branch jurisdiction in the  
Member FI’s online FATCA account. For a  
Member FI that is a partnership or other  
flow-through entity, the Member FI’s  
jurisdiction of residence means the  
jurisdiction under the laws of which the  
entity is organized or established or, if not  
organized or established under the laws of  
any jurisdiction, the jurisdiction where it  
maintains its principal office.  
For more information on how to  
complete information for a Member FI via  
the FATCA registration website, see the  
online user guide available at IRS.gov/  
In the case of an FI, the individual must  
be able to certify that the FI meets the  
requirements applicable to the status(es)  
identified in the FI's registration. However,  
a Reporting FI under a Model 1 IGA that  
has branches (as identified in Part 1,  
line 9) that are located outside of a Model  
1 IGA jurisdiction will also agree to the  
terms applicable to the statuses of such  
branches.  
identified at the end of line 11b (to the right  
of the checkbox) is providing the IRS with  
written authorization to release the FI’s  
FATCA information to the POC. This  
authorization specifically includes  
authorization for the POC to complete the  
FATCA registration (except for the  
signature line and the associated  
checkbox), to take other FATCA-related  
actions, and to obtain access to the FI's  
tax information. If a third-party adviser that  
is an entity is retained to help the FI  
complete its FATCA registration process,  
the name of the third-party individual  
In the case of a Direct Reporting NFFE,  
the individual must be able to certify that  
the Direct Reporting NFFE meets the  
requirements of a Direct Reporting NFFE  
under Treasury Regulations section  
1.1472-1(c)(3).  
Line 13a. If the FI is the Common Parent  
Entity of the Expanded Affiliated Group,  
Instructions for Form 8957 (Rev. 6-2018)  
-6-  
An RO (as defined for purposes of the  
signature line and the associated  
circumstances. The estimated average  
time is:  
Paperwork Reduction Act Notice. We  
ask for the information on this form to carry  
out the Internal Revenue laws of the  
United States. You are required to give us  
the information. We need it to ensure that  
you are complying with these laws and to  
allow us to figure and collect the right  
amount of tax.  
checkbox) can delegate authorization to  
complete the signature line and the  
associated checkbox by signing a Form  
2848, Power of Attorney Form and  
Declaration of Representative, or other  
similar form or document (including an  
applicable form or document under local  
law giving the agent the authorization to  
provide the information required for the  
FATCA registration).  
Recordkeeping .  
Learning about the law  
or the form .  
Preparing and sending  
the form to the IRS  
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7 hr., 24 min.  
18 min.  
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25 min.  
You are not required to provide the  
information requested on a form that is  
subject to the Paperwork Reduction Act  
unless the form displays a valid OMB  
control number. Books or records relating  
to a form or its instructions must be  
retained as long as their contents may  
become material in the administration of  
any Internal Revenue law. Generally, tax  
returns and return information are  
If you have comments concerning the  
accuracy of these time estimates or  
The RO identified in the signature line  
and the associated checkbox need not be  
the same individual identified as the RO  
on line 10 or line 11b.  
By signing the registration form, the  
individual certifies that, to the best of his or  
her knowledge, the information submitted  
above is accurate and complete and that  
the individual is authorized to agree that  
the FI or Direct Reporting NFFE intends to  
comply with its FATCA obligations.  
suggestions for making this form simpler,  
we would be happy to hear from you. You  
can send us comments from IRS.gov/  
FormComments. Or you can write to  
Internal Revenue Service, Tax Forms and  
Publications, 1111 Constitution Ave. NW,  
IR-6526, Washington, DC 20224. Do not  
send the registration form to this office.  
Instead, see How To Register, earlier.  
confidential, as required by section 6103.  
The time needed to complete and file  
this form will vary depending on individual  
Instructions for Form 8957 (Rev. 6-2018)  
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