Singapore’s Inland Revenue Authority has released a paper form that Reporting Financial Institutions may use to file a nil report. Nil reports are required whenever an FI does not have any U.S. Reportable Accounts. A Singaporean FI may elect to file an electronic nil through the IDES Gateway, as it would a typical FATCA return. Or, the FI may send the paper form to the IRAS. The paper form is available from this zip file.
The post Singapore Releases Nil Return Form appeared first on Sovos.
