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2014 Resources f o r P E C S & t h e P y r an m i d A p p r o a c h To E d u c a t i o n About Us Literature: Pyramid Educational Consultants are the only official training provider of The Picture
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What is f o r p?
F O R P stands for Foreign Account Tax Compliance Act (FATCA) Online Registration System.
Who is required to file f o r p?
Financial institutions such as banks, investment firms, and insurance companies are required to file F O R P if they have foreign accounts.
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F O R P can be filled out online through the FATCA Online Registration System by providing the required information about the foreign accounts.
What is the purpose of f o r p?
The purpose of F O R P is to help the IRS track and deter tax evasion by U.S. persons holding foreign accounts.
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Information such as the name of the financial institution, account numbers, and account balance must be reported on F O R P.
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