In your first lesson at Comply Pro, you will learn about U.S. Information Reporting & Withholding. There are three regimes involved: Chapter 61, focusing on backup withholding and reporting to U.S. persons; Chapter 3, ensuring proper tax withholding on nonresident aliens receiving US source FDAP income; and Chapter 4 (FATCA), targeting financial US source FDAP payments to identify tax evaders. Each chapter has specific reporting forms (e.g., Forms 1099, 1042, 1042-S, and 8966). Continue to lesson two to explore the importance of these regulations.