A critical element of the Foreign Account Tax Compliance Act (FATCA) involves assessing if grandfathered debt securities lose their exempt status as a result of material modifications. Capital Changes FATCA GFD—our FATCA grandfathered debt service—automates targeted coverage of the tax consequences of corporate actions that affect your debt securities of interest (SOI). It also assesses whether your debt instruments have lost their FATCA withholding exemption status due to a material modification.

FATCA GFD combines the deep corporate actions expertise of our dedicated Capital Changes team with the efficiency of our proven GainsKeeper® technology—the solution of choice at blue chip brokerages for cost basis reporting compliance.

Capital Changes FATCA GFD...At-A-Glance
person desk laptop check essential case management icon
Specify & upload your debt Securities of Interest (SOI) into the system
connected associated linked affiliated related streamlined expedite processes triage scheduling icon
Generate daily XML data files to upload into your portfolio accounting and other downstream systems
documents written communication publications article checklist worksheets forms papers cases reports archive icon
Export grandfathered status information into custom reports for processing and validating FATCA Compliance.