WE SPECIALIZE IN HELPING FOREIGN FINANCIAL INSTITUTIONS DEAL WITH THE IRS
FATCA (Foreign Account Tax Compliance Act) Consultancy
QI (Qualified Intermediary) Consultancy
U.S. Tax Consultancy and Filing Services
CRS (Common Reporting Standard) Consultancy
U.S. Markets Consultancy
U.S. Brokerage Entity Establishment
We help customers
Register with the IRS
Looking to complete your FATCA registration as a foreign financial institution? Summit can help you successfully register with the IRS to avoid penalty withholding on your US-source income. Selecting the correct FATCA classification during IRS registration may have longlasting implications on your business, so speak with Summit today.
Stay compliant with U.S. tax law
Does your business have a GIIN? If so, you most likely have obligations under FATCA to perform due diligence, withhold, and report on certain accounts. Failing to keep up with these responsibilites means you may lose your FATCA registration status, leading to penalty withholding on all US-source income for your business. Contact Summit today to stay compliant.
Report and file US taxes
Have you received any US-source income for your business or on behalf of your clients? US law may require that you report and file taxes for this income on an annual basis. With our dedicated US tax filing team, Summit specializes in helping your business meet all IRS deadlines for Forms 1042-S/1042, 1099, 8966, 945, and more. Speak to a Summit agent today.
Communicate with the IRS
Have you received a letter from the IRS or otherwise need help communicating with the US tax authority? Contacting the IRS can be intimidating and time-consuming even for US businesses, but Summit can help. We can talk to the IRS on your behalf and resolve any outstanding issues facing your business.
Trending
Navigating the Suspension of the U.S.-Russia Income Tax Treaty
In a significant development for international taxation, the United States Treasury Department announced on June 17, 2024, the formal suspension of key provisions of the U.S.-Russia income tax treaty. This
❝ What other firms don't have is in-depth knowledge of brokerage operations and direct contact with FINRA-registered personnel. Summit has everything you need. ❞
❝ What I like about Wall Street the most is that the people are never boring! ❞Steve Sierszulski, Co-Founder
Getting There
- MTR - Central - Exit L
- The Executive Centre, AIA Central.