Bank Question

Jen1

I opened up a bank account in Russia and they are now requiring for me to fill out additional paperwork: see message below.
Is anyone familiar with this paperwork? Will complete these forms affect me in anyway in my home country, that anyone knows?
Any information concerning the documents are welcomed.
Message from bank
In accordance with Chapter 20.1 of the Tax Code and 173‑FZ, we kindly request clients to complete a tax residency questionnaire:

Fill in your details
Add the date and your signature
Send a scan or photo to the chat or to email

If you are a US tax resident ( which I am) , please sign and attach the W‑9 form to your questionnaire.

orlovividry

Jen1 it is legit, and if you hold over $10,000 USD in any combination of foreign bank accounts (at any point in the tax year) you also need to file a FATCA with FINCEN (Financial Crimes Enforcement Network) and list all of your foreign accounts. I haven’t lived in the US for 15 years but have to go through this nonsense every January.

agilebox

It is standard form for us resident, bank is required to know your address, Tax number and other things.