Update! Nonresident Aliens: Interest Reporting, CIP and CDD

Update! Nonresident Aliens: Interest Reporting, CIP and CDD

Update! Nonresident Aliens: Interest Reporting, CIP and CDD
Friday, January 24, 2020 
11:00 am – 1:00 pm Eastern

IRS Issues Final Regulations January 2

Nonresident Alien interest reporting for 2020 has begun. Do you have your Foreign Taxpayer Identifications Numbers, Completed W-8BENs? If not, your interest reporting may require withholding in 2020. Learn where we are now in this process of FATCA and interest reporting exchanges between countries. Plus, we will review acceptable IDs, questionnaires on risk for CIP and CDD. You won't want to miss this program on NRAs for 2020. This webinar contains final IRS regulations that provide guidance on certain due diligence and reporting rules applicable to persons making certain U.S. source payments to foreign persons, and guidance on certain aspects of reporting by foreign financial institutions on U.S. accounts. The final regulations affect persons making certain U.S.-related payments to certain foreign persons and foreign financial institutions reporting certain U.S. accounts.

Topics Covered:

  • Interest reporting on 1042S
  • Setting up the W-8BENs
  • What will expire and what does not on W-8BEN
  • What to do if you can't complete a W-8BEN
  • Learn how to run risk-based questionnaires
  • Learn how to get acceptable Identification
  • And much more

Who Should Attend?   

This webinar is recommended for individuals who are Compliance Officers, BSA, Training, Deposit Operations and all Branch Personnel.


Deborah Crawford

Deborah Crawford is the President of Gettechnical Inc., a Virginia based training company. She specializes in the deposit side of the financial institution and is an instructor on IRAs, BSA, Deposit Regulations and opening account procedures. She was formerly with Hibernia National Bank (now Capital One) and has bachelor's and master's degrees from Louisiana State University. She has 30+ years of combined teaching and banking experience.  

Attendance verification for CE credits provided upon request.

Webinar Sponsored by Total Training Solutions

If you are having issues with registering online, please contact CBAO's Education,Training & Special Events Coordinator, Patti Webb, (614) 610-1877.

Registration Options
Live On-Demand Link: Live,On Demand playback, and CD-ROM  plus hard copy Handouts.
Live Webinar: Register for the live event and get five days access to the On Demand Playback. You’ll have an opportunity to ask questions during the presentation and be free to review the content for the next 5 (business) days Registration also includes links to presenter materials, handouts, and pdfs.
Additional Hookups: Registering another banker from a different location
On-Demand Link & "Free" CD-ROM: Both live webinar & recorded webinar + free digital download 
1/24/2020 11:00 AM - 1:00 PM
Eastern Standard Time

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