By plang on 1/25/2012 9:16 PM
Version française ci-dessous

The IRS published a new form (Form 8938) end of 2011 that needs to be filled out by certain US taxpayers owning foreign financial assets.

Rules are different for US taxpayers living in the US or abroad. The thresholds depend on the marital status and the place of living. A single taxpayer living in the US has to declare foreign financial assets exceeding 50’000$ at the end of the year or 75’000 at any time during the tax year. Thresholds are 100’000 and 150’000$ for married taxpayers living in the US and filing jointly. For taxpayers living abroad, they are at 200’000$ and 300’000$ for a single taxpayer and 400’000$ and 600’000$ for married taxpayers filing jointly.

Some assets may be excluded if already reported on other forms. However, the FBAR (TD F 90-22.1) form still needs to be completed. For more details,...
FATCA - Formulaire 8966 pour 2015
Belgique - Nouvelle taxation des plus-values
FATCA - Opening of the Registration Website
FATCA - Draft version of form 8966
FATCA – Six-Month Extension for FATCA Withholding
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