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Application No. Insular Life Corporate Center, Insular Life Drive The Finest Corporate City, Ala bang, 1781 Muntinlupa City Email: head insular.com.pH Website: www.insularlife.com.ph Tel.: 5821818
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How to fill out FATCA form - insular:

01
Start by downloading the IRS Form 8938, which is the FATCA form for reporting specified foreign financial assets.
02
Fill out your personal information in Part I of the form, including your name, Social Security number or taxpayer identification number, and address.
03
Move on to Part II of the form, where you will report the maximum value of specified foreign financial assets during the tax year. This includes bank accounts, securities, and certain investment funds.
04
In Part III, provide details about each specific foreign financial asset. Include the name and address of the financial institution holding the asset, as well as information about the account or instrument.
05
If you have more foreign financial assets than can be reported on the form, use additional pages or a separate statement to provide all the necessary details.
06
In Part IV of the form, indicate whether you had any income from the specified foreign financial assets and report the amount.
07
Sign and date the form to certify that the information provided is accurate and complete.
08
Attach the completed FATCA form to your annual income tax return.
09
Retain a copy of the form for your records.

Who needs FATCA form - insular?

01
U.S. citizens or residents who have specified foreign financial assets with a total value exceeding certain thresholds during the tax year.
02
Individuals who meet the filing requirements outlined by the IRS, which may include those who have foreign bank accounts, foreign securities, or foreign partnership interests.
03
Taxpayers who have been specifically requested to file the FATCA form by the IRS, such as those who have been identified through information sharing agreements with foreign governments.
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Fatca Form-Insular is a form used to report information on specified foreign financial assets by U.S. taxpayers who meet the filing requirements.
U.S. taxpayers who have specified foreign financial assets and meet the filing requirements are required to file Fatca Form-Insular.
Fatca Form-Insular can be filled out by providing the requested information regarding specified foreign financial assets, income, and other relevant details.
The purpose of Fatca Form-Insular is to help prevent tax evasion by U.S. taxpayers with foreign financial assets.
Information on specified foreign financial assets, income generated from these assets, and any other relevant details must be reported on Fatca Form-Insular.
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