Generally, FATCA won?t affect most members.
The Caisse populaire acadienne will review the information we have on file. Certain indicators (i.e., U.S. address, U.S. birthplace, U.S. phone number or U.S. place of incorporation) might suggest that you are a U.S. taxpayer.
If the information in your file includes such indicators, you?ll be asked to provide additional information, which could include information about your U.S. tax situation. We?ll then determine whether your account must be reported to the Canada Revenue Agency (CRA).
The information we already have on file will be enough to determine whether your account must be reported.
However, we may ask you to provide additional documentation, depending on the type of business you own. If so, we?ll examine it according to applicable requirements to determine whether the account must be reported to the CRA.