Auditing Your Nonresident Alien Accounts: W-8BEN and 1042S Reporting

Are your W-8BENs filled out properly? Is your system set to withhold or not withhold as needed on interest-bearing accounts? What countries are involved? Does it help to have a US TIN?

All of these questions will be addressed in our audit worksheet and training. Get your staff in compliance by checking their work.

What You’ll Learn

  • Does your staff identify nonresident aliens correctly?
  • Do you have Foreign Taxpayer Identification Numbers on interest-bearing accounts?
  • If not, are you back up withholding?
  • What countries do not issue FTINs?
  • Is your W-8BEN filled out correctly?
  • Are you tracking expirations?
  • Do you have appropriate identification?
  • And much more

Who Should Attend

Deposit operations, deposit compliance, branch administration, new accounts, training, personal bankers, and anyone who opens accounts for nonresident aliens will benefit from this session.

Date

Sep 24 2024
Expired!

Time

1:30 pm - 3:30 pm

More Info

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Labels

Webinar/Online
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