U.S. Foreign Account Tax Compliance Act (FATCA)
The U.S. Foreign Account Tax Compliance Act (FATCA) became law in March 2010 and became effective starting on July 1, 2014. FATCA is aimed at preventing tax avoidance by U.S. taxpayers through the use of offshore accounts. AXA XL has taken the necessary steps to ensure compliance with FATCA.
Under the provisions of FATCA, payers making payments of U.S. source income to AXA’s legal entities may need to obtain certain documentation from the AXA recipient of those payments (IRS Forms W-8 or W-9). Form W-8’s are provided by non-US entities and Form W-9’s are provided by U.S. entities. You can download a copy of the applicable AXA entity Form W-8 or Form W-9 through the links below.
Please note that Lloyds has completed a Form W-8 IMY to document the entire Lloyd’s market, including AXA’s syndicates. This form is available through the link below:
Questions regarding AXA FATCA matters should be sent to FATCA@axaxl.com.
Please consult your tax advisor for information on FATCA.
Information on FATCA can also be obtained from the following IRS site: