Foreign Account Tax Compliance Act (FATCA) object groups data captured solely for FATCA reporting purposes. FATCA is used to locate U.S. citizens (residing in the U.S. or not) and &quot U.S. persons for tax purposes&quot and to collect and store information including total asset value and Social Security number. The law is used to detect assets, rather than income.

Business Line: 
IMS
Data Type (L): 
object
Overwrite tag: 
Do not Overwrite