Information For...

For you and your family
Individuals abroad and more
EINs and other information

Filing For Individuals

Information For...

For you and your family
Standard mileage and other information

Forms and Instructions

Individual Tax Return
Request for Taxpayer Identification Number (TIN) and Certification
Single and Joint Filers With No Dependents
Employee's Withholding Allowance Certificate

 

Request for Transcript of Tax Returns
Employer's Quarterly Federal Tax Return
Installment Agreement Request
Wage and Tax Statement

Popular For Tax Pros

Amend/Fix Return
Apply for Power of Attorney
Apply for an ITIN
Rules Governing Practice before IRS

YouTube video text script - FATCA Registration-Managing Sponsored Entities and Sponsored Subsidiary Branches

WELCOME TO THE IRS FOREIGN ACCOUNT TAX
COMPLIANCE ACT, OR FATCA, ONLINE REGISTRATION
VIDEO SERIES.

    THIS VIDEO SHOWS SPONSORING ENTITY FINANCIAL
INSTITUTIONS, OR FIs, AS WELL AS DIRECT-REPORTING
NON-FINANCIAL FOREIGN ENTITIES, OR NFFES, THE
OPTIONS THEY HAVE TO MANAGE SPONSORED
ENTITIES, INCLUDING HOW TO ADD, VIEW, EDIT AND
DOWNLOAD SPONSORED ENTITIES AND SPONSORED
SUBSIDIARY BRANCHES.

    AS A SPONSORING ENTITY FI, WHEN YOU ARE IN
"APPROVED" STATUS, YOU WILL SEE A "MANAGE
SPONSORED ENTITIES" LINK UNDER THE "YOUR
INFORMATION" SECTION OF THE HOME PAGE.

    TO VIEW, EDIT OR ADD SPONSORED ENTITIES, CLICK
ON THE "MANAGE SPONSORED ENTITIES" LINK.

    THERE ARE TWO WAYS TO ADD SPONSORED
ENTITIES TO A SPONSORING ENTITY FI'S ACCOUNT.

    ADDING SPONSORED ENTITIES INDIVIDUALLY
OR UPLOADING A FILE WITH MULTIPLE SPONSORED
ENTITIES.

    THIS VIDEO ONLY COVERS ADDING SPONSORED
ENTITIES INDIVIDUALLY.

    TO ADD SPONSORED ENTITIES INDIVIDUALLY, CLICK
ON THE "ADD AN INDIVIDUAL SPONSORED ENTITY"
LINK UNDER "SINGLE SPONSORED ENTITY
MAINTENANCE."

    ENTER THE LEGAL NAME OF THE SPONSORED ENTITY
IN THE LEGAL NAME OF THE SPONSORED ENTITY FIELD.

    SELECT THE SPONSORED ENTITY'S COUNTRY OR
JURISDICTION.  

    THEN, SELECT THE SPONSORED ENTITY'S FATCA
CLASSIFICATION.

    FOR MORE INFORMATION ON THE FATCA
CLASSIFICATIONS, CLICK ON THE QUESTION MARK ICON
NEXT TO THE FIELD NAME.

    CLICK "SUBMIT" TO ADD THE SPONSORED ENTITY.

    IF YOU SELECTED THE "SPONSORED SUBSIDIARY"
CLASSIFICATION, YOU WILL BE TAKEN TO THE "MANAGE
SPONSORED SUBSIDIARY BRANCHES" PAGE.

    IF YOU SELECT ANY OTHER CLASSIFICATION, YOU
WILL BE TAKEN BACK TO THE "MANAGE SPONSORED
ENTITIES" PAGE.

    THE NEWLY ADDED SPONSORED ENTITY WILL
APPEAR ON A TABLE, ALONG WITH ITS ASSIGNED
SPONSORED ENTITY ID, WHICH IS MADE UP OF THE
FATCA ID OF THE SPONSORING ENTITY, FOLLOWED BY A
PERIOD AND A SEQUENTIAL NUMBER.

    THE SPONSORED ENTITY ID WILL BE THE FIRST PART
OF THE SPONSORED ENTITY'S GLOBAL INTERMEDIARY
IDENTIFICATION NUMBER, OR GIIN, WHICH THE
SPONSORED ENTITY WILL RECEIVE UPON APPROVAL.

    NOTE THAT THE SPONSORED ENTITY ID CANNOT BE
USED TO LOG INTO THE FATCA ONLINE REGISTRATION
SYSTEM.

    NOW LET'S TAKE A LOOK AT HOW WE ADD
SPONSORED SUBSIDIARY BRANCHES.

    ONCE AGAIN, ENTER THE LEGAL NAME OF THE
SPONSORED ENTITY IN THE "LEGAL NAME OF THE
SPONSORED ENTITY" FIELD.

    SELECT THE SPONSORED ENTITY'S COUNTRY OR
JURISDICTION.

    THEN, SELECT THE SPONSORED ENTITY'S FATCA
CLASSIFICATION AS "SPONSORED SUBSIDIARY."

    BRANCHES CAN ONLY BE ADDED TO SPONSORED
ENTITIES WITH THE "SPONSORED SUBSIDIARY"
CLASSIFICATION.

    CLICK "SUBMIT" TO ADD THE SPONSORED ENTITY.

    SINCE YOU SELECTED THE "SPONSORED SUBSIDIARY"
CLASSIFICATION, YOU WILL BE TAKEN TO THE "MANAGE
SPONSORED SUBSIDIARY BRANCHES" PAGE.

   TO ADD A SPONSORED SUBSIDIARY BRANCH, SELECT
THE BRANCH'S COUNTRY OR JURISDICTION, THEN CLICK ON THE "ADD ANOTHER" BUTTON.

   THE SPONSORED SUBSIDIARY BRANCH INFORMATION
TABLE BELOW WILL DISPLAY THE BRANCH YOU JUST
ADDED.

   SEPARATELY IDENTIFY EACH JURISDICTION WHERE
THE SPONSORED SUBSIDIARY MAINTAINS A BRANCH.

   YOU CAN ONLY ADD ONE BRANCH PER COUNTRY OR
JURISDICTION.  

    CONTINUE TO ADD BRANCHES UNTIL YOU HAVE
ADDED ALL THE SPONSORED SUBSIDIARY BRANCHES
FOR THIS SPONSORED ENTITY.

    ALL SPONSORED SUBSIDIARY BRANCHES WILL BE
DISPLAYED IN THE TABLE BELOW IN ALPHABETICAL
ORDER OF COUNTRY OR JURISDICTION.

     THE SPONSORED SUBSIDIARY BRANCHES' GIINs WILL
BE DISPLAYED IN THIS TABLE WHEN THEY HAVE BEEN
APPROVED.

   TO REMOVE A SPONSORED SUBSIDIARY BRANCH,
CLICK ON THE "DELETE" LINK NEXT TO THE
CORRESPONDING ENTRY IN THE TABLE.

    TO DOWNLOAD A LIST OF SPONSORED SUBSIDIARY
BRANCHES FOR THIS SPONSORED ENTITY, CLICK ON
THE DOWNLOAD COMPLETE SPONSORED SUBSIDIARY
BRANCH LIST IN EITHER PDF OR CSV FORMAT.

    THE DOWNLOAD COMPLETE SPONSORED
SUBSIDIARY BRANCH LIST LINKS WILL NOT DISPLAY ON
THE PAGE UNTIL AT LEAST ONE SPONSORED
SUBSIDIARY BRANCH IS ADDED.

   CLICK ON THE "BACK TO MANAGE SPONSORED
ENTITIES" BUTTON TO RETURN TO THE MANAGE
SPONSORED ENTITIES PAGE.

   ALL SPONSORED ENTITIES ADDED TO THE
SPONSORING ENTITY FI'S ACCOUNT ARE DISPLAYED IN
THE SPONSORED ENTITIES TABLE, WHICH INCLUDES
LEGAL NAME, COUNTRY OR JURISDICTION,
CLASSIFICATION, SPONSORED ENTITY ID, STATUS, GIIN,
EFFECTIVE DATE AND AVAILABLE ACTIONS TO MANAGE
EACH SPONSORED ENTITY.  

    THE TOTAL NUMBER OF SPONSORED ENTITIES
ADDED TO THE SPONSORING ENTITY FI'S ACCOUNT IS
DISPLAYED ABOVE THE TABLE.

    THE MAXIMUM NUMBER OF SPONSORED ENTITIES
THAT CAN BE ADDED TO THIS TABLE IS FIVE THOUSAND.

   THE TABLE DISPLAYS UP TO TEN SPONSORED
ENTITIES AT A TIME.

    IF THERE ARE MORE THAN TEN, PAGE NUMBERS
WILL APPEAR, WHICH YOU CAN CLICK, TO SEE THE NEXT
TEN ENTRIES.

    YOU MAY DOWNLOAD THE COMPLETE LIST OF
SPONSORED ENTITIES IN PDF OR CSV FORMAT BY
CLICKING ON THE DOWNLOAD LINKS.

    ADDITIONAL ACTIONS ARE AVAILABLE TO EDIT AND
DELETE SPONSORED ENTITIES WHEN THE SPONSORED
ENTITY IS IN "SUBMITTED" OR "APPROVED" STATUS.

    YOU CAN ADD OR EDIT SPONSORED SUBSIDIARY
BRANCHES BY CLICKING ON THE "BRANCHES" LINK
NEXT TO THE SPONSORED ENTITY.

    NOTE THAT THIS LINK IS ONLY AVAILABLE WHEN THE
SPONSORED ENTITY IS IN SUBMITTED OR APPROVED
STATUS.

    TO EDIT A SPONSORED ENTITY, CLICK ON THE EDIT
LINK NEXT TO THE SPONSORED ENTITY.

    ONLY THE SPONSORED ENTITY'S LEGAL NAME CAN
BE EDITED.

    ENTER THE NEW LEGAL NAME IN THE "LEGAL NAME
OF THE SPONSORED ENTITY" FIELD.

    YOU CANNOT EDIT THE COUNTRY OR JURISDICTION,
OR THE CLASSIFICATION OF A SPONSORED ENTITY.

    IF YOU NEED TO CHANGE THIS INFORMATION, THE
SPONSORED ENTITY MUST BE DELETED THEN ADDED
AGAIN WITH THE NEW COUNTRY OR JURISDICTION,
AND CLASSIFICATION.

    CLICK SUBMIT TO SAVE THE CHANGES AND RETURN
TO THE "MANAGE SPONSORED ENTITIES" PAGE.

   TO DELETE A SPONSORED ENTITY, CLICK ON THE
DELETE LINK.

   A POP-UP WINDOW WILL ASK YOU TO CONFIRM IF
YOU WANT TO DELETE THE SPONSORED ENTITY.

    WHEN YOU CLICK OK, THE SPONSORED ENTITY AND
ITS SPONSORED SUBSIDIARY BRANCHES, IF APPLICABLE,
WILL BE DELETED FROM THE SPONSORING ENTITY FI'S
ACCOUNT.

    WHEN DELETING A SPONSORED ENTITY, THE
SPONSORED ENTITY AND ITS SPONSORED SUBSIDIARY
BRANCHES WILL NO LONGER BE INCLUDED ON THE IRS
FFI LIST.

    YOU CAN FIND MORE INFORMATION CONCERNING FATCA ONLINE
REGISTRATION AT IRS.GOV/FATCA-REGISTRATION.