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FATCA Form For Individual

The document is a FATCA form for individual account holders at Al Meezan Investment Management Ltd. [1] It provides information on the Foreign Account Tax Compliance Act requirements for U.S. taxpayers with foreign accounts. [2] The form collects information to determine if the account holder is a U.S. person subject to FATCA requirements. [3] It requires the account holder to declare their tax residency status and provide additional documentation if they have U.S. indicators like citizenship, residence, or standing instructions to transfer funds to U.S. accounts.

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Salman Arshad
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75 views

FATCA Form For Individual

The document is a FATCA form for individual account holders at Al Meezan Investment Management Ltd. [1] It provides information on the Foreign Account Tax Compliance Act requirements for U.S. taxpayers with foreign accounts. [2] The form collects information to determine if the account holder is a U.S. person subject to FATCA requirements. [3] It requires the account holder to declare their tax residency status and provide additional documentation if they have U.S. indicators like citizenship, residence, or standing instructions to transfer funds to U.S. accounts.

Uploaded by

Salman Arshad
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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FATCA Form – Individual Account

The Foreign Account Tax Compliance Act (FATCA) was signed into U.S. law on March 18, 2010. It is aimed at preventing U.S.
taxpayers from using accounts held outside of the U.S. to evade taxes. Any financial institution that fails to comply with FATCA will
face a 30% withholding tax on a wide range of U.S. sourced payments to its clients. Under U.S. federal tax law, Al Meezan
Investment Management Ltd. (Al Meezan) is required to request certain taxpayer information from certain persons who maintain an
account at Al Meezan (whether such persons are U.S. taxpayers or not). Information collected will be used solely to fulfil Al Meezan's
requirements under U.S. federal tax law and will not be used for any other purpose.

SECTION A
(1) This section must be completed by any individual who wish to open an account.
(2) Please complete this form for Principal account holder only.
A. Title of Account (IN BLOCK LETTERS):_____________________________________________________________________
B. CNIC#___________________________________________
C. Customer ID (for office use only):_____________________
C. Country of tax residence other than Pakistan:  None  USA  Other _________________
D. Place of Birth: City_______________________ State_______________________ Country___________________________
Please tick ‘√’ to appropriate check box Documentation Required
1. Are you a US Citizen?  Yes  No If yes, please provide Form W-9.
2. Are you a US Resident?  Yes  No
3. Do you hold a US Permanent Resident Card  Yes  No
(Green Card)?
4. Were you born in USA?  Yes  No If yes, please provide Form W-9. In case you are Non-
US Person; please fill Section B of this form and
provide Non-US Passport and Certificate of Loss of
Nationality (i.e. Form I-407).
5. Standing instructions to transfer funds to an  Yes  No If yes, please provide Form W-9. In case you are Non-
account maintained in USA. US Person; please fill Section B of this form
6. Do you have any Power of Attorney/ Authorized  Yes  No supported by other documentary evidence
Signatory/ Mandate holder having US Address? establishing the non-US status.
7. Do you have US residence/ mailing/ Sole Hold  Yes  No If yes, please provide Form W-9. In case you are Non-
Mail address? US Person; please fill Section B of this form and
8. Do you have US telephone number?  Yes  No provide non-US Passport and other documentary
evidence establishing the non-US status.
SECTION B
This section must be filled by any individual who mark(s) any of the item number 4, 5, 6, 7 & 8 as ‘Yes’ but claims to be a Non-US
Person along with documentary evidence.

I _________________________________ declare that I have examined the information on this form and to the best of my
knowledge and belief it is true, correct and complete. I further certify that I am not a US Person. I undertake to notify Al Meezan
within 30 calendar days if this certification becomes incorrect.

Signature: __________________________________

Declaration:
 I hereby confirm the information provided above is true, accurate and complete.
 Subject to applicable local laws, I hereby consent for Al Meezan to share my information with domestic or overseas regulators
or tax authorities where necessary to establish my tax liability in any jurisdiction.
 Where required by domestic or overseas regulators or tax authorities, I consent and agree that Al Meezan may withhold from
my account(s) such amounts as may be required according to applicable laws, regulations and directives.
 I undertake to notify Al Meezan within 30 calendar days if there is a change in any information which I have provided to Al
Meezan.
 I will indemnify and hold harmless Al Meezan from any loss, action, cost, expense (including, but not limited to sums paid in
settlement of claims, reasonable attorneys’ and consultant fees, and expert fees), claim, damages, or liability which arises or is
incurred by Al Meezan in discharging its obligations under FATCA and/or as a result of disclosures to the US tax authorities.

Name: ____________________________Signature: __________________________________Dated:_____________________

US Taxpayer Identification Number (in case of US Person):___________________________________________

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