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K I C K I T N A T U R A L L Y. C OM Kick It Naturally
Quick Start
Cheat Sheet
Intro Episode secret is to avoid getting
overwhelmed
Just take a breath. It can be very exciting to learn that there
are
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What is k i c k?
k i c k stands for Foreign Account Tax Compliance Act (FATCA) and is a U.S. tax law that requires foreign financial institutions to report information about accounts held by U.S. taxpayers to the IRS.
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Foreign financial institutions are required to file k i c k.
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k i c k can be filled out electronically through the IRS's FATCA Registration System.
What is the purpose of k i c k?
The purpose of k i c k is to prevent tax evasion by U.S. taxpayers using foreign accounts.
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k i c k requires reporting on the details of U.S. account holders and their foreign accounts.
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