FATCA-PRISM™ / CRS-PRISM™
FATCA/CRS(US and Multilateral Financial Information Exchange)
FATCA/CRS is a policy that identifies the account information of taxpayers by country such as United States or 100 other countries and report it to the National Tax Service under an intergovernmental agreement.
- Major Functions
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- Extracting accounts of indicia (estimated taxpayers)
- Document due diligence, support for personnel due diligence
- Determining the final report target
- Generate reports in compliance with IGA and FATCA regulations and report to the NTS (automatic upload)
- Characteristics
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- Approximately 11,000 Case rules are applied to automate target account extraction/judgment and improve accuracy
