Spearo - 8-19-2016 at 07:01 AM
Hola amigos
I just received a letter through DHL to my home in the states. It appears to be from HSBC who holds my fido. The letter is hard to understand but I
will quote:
"in order to comply with current tax provisions, specific with the 25 Annex of the 'Resolucion Miscelanea Fiscal' (Mexican Taxes Law) published in the
Official Gazette on January 12 2016, the W form with self certification purposes that apply to you as a new part that adheres to the trust in
reference."
The letter then lists a web link to an IRS pages that leads no where. I am guessing that the "W form" is the W-9 which is my tax id number i.e. SSN.
I am not in the habit of giving that out. They list a return address that is seems to be the bank branch where I pay my taxes in Cabo and the letter
does contain my correct fido number.
So fellow Nomads, what say ye?
Anyone else have an experience like this? Is this for real?
Thanks in advance
BajaUtah - 8-19-2016 at 07:30 AM
I just paid my 2016/17 fido fee to Scotiabank last week. There was no mention of any tax forms or w9s being required. Just like the last 2 years they
send me an email and I send them a check. Easy Peasy Adios Dinero.
woody with a view - 8-19-2016 at 08:34 AM
Mail a response asking for more info and the ask that the manager contact you via email.
gnukid - 8-19-2016 at 08:46 AM
In short: There was a request to report to IRS foreign trusts as sources of income, it was subsequently ruled that the fidis that do not earn profit
are not required to be reported. It's your personal decision as to what you should do.
Bob and Susan - 8-19-2016 at 09:10 AM
as I understand it there is no change
you should contact the bank that holds your fido
you need to fill out a form stating address that you live
its simple but you need to do it yourself