FATCA status

Discussion in 'Taxes and Accounting' started by Maverick2608, Oct 10, 2023.

  1. An investment corporation owned by 1 person living in an EU country. No customers. Only investing the equity of the corporation.

    How do you determine if the status is active NFFE or passive NFFE?

    The majority of the income is capital gains and only a small fraction is dividends. 100% of the assets are USD or stocks.