IRS and EK Provident Fund

[axialflow]

Hi All,

This subject might have been beaten to death in another thread but I can't find it: As a US person and EK employee, do we need to declare our Provident Fund to the IRS ?...or only when we receive it ?

Thanks,

Ax

[TK_SFO]

Hi Axial,
As per Foxton (program manager) they have a FATCA waiver , and they dont report the accounts to IRS, howewver you should not omit the 5% that goes to your account A and whatever if any that goes to account C, you amy send email to foxton and always consult with your tax guy.
Rgds,

[axialflow]

Hey TK.,

I'll talk to them and get the full story....appreciate your reply. Interesting about the FATCA waiver. I suppose since its not a Bank account.

Ax