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FATCA – US Person IdentityThe stated main aim for <strong>the</strong> US Treasury is <strong>to</strong> track US persons andensure <strong>the</strong>y pay <strong>the</strong> correct tax. They currently believe <strong>the</strong>re is widescale tax evasion by US persons hiding assets abroad.What is <strong>the</strong> definition <strong>of</strong> a US person?› US Citizens› US resident ‘aliens’ (green card holders)› Someone born in <strong>the</strong> US› US Partnerships and Trusts› Someone spending a specified amount <strong>of</strong> time in <strong>the</strong> USDo you know if you have US persons on your share register or within anemployee plan?11

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