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Foreign Account Tax Comp​liance Act (F​ATCA)​​​​​​

Since the inception of FATCA in Canada, Unitrax® has continuously been enhanced to ensure it complies on an annual basis with the timelines set out by the CRA and the IRS.

FATCA statuses for both individual and entities are used – together with an exempt indictor – to determine if any information is to be reported to the CRA through the Part XVIII XML filing.​​