Manager of Alliances

Supporting FATCA compliance with automation. As foreign payment volumes grow, managing FATCA and W-8 compliance through manual processes becomes increasingly difficult. Controllers must ensure proper form collection, validation, withholding determinations, and year-end reporting, all while minimizing operational drag and compliance risk. Modern AP and global payments platforms help streamline this process by embedding tax documentation directly into the payee onboarding process. Instead of chasing W-8 or W-9 forms during the 1099 and 1042-S season, required documentation can be collected and validated before the first payment is issued. Automation can also support: * Determining the correct W-8 or W-9 form * Validating tax identification information * Recognizing treaty-based withholding reductions or exemptions * Calculating required withholding at the time of payment * Centralizing data for year-end information reporting By shifting compliance upstream, at onboarding and payment execution, finance teams reduce manual follow-up, avoid year-end scrambles, and lower exposure to IRS penalties. Tipalti automated tax compliance. Tipalti embeds tax compliance directly into both its Accounts Payable and Mass Payments workflows. During onboarding, payees can digitally submit W-8 or W-9 forms, with built-in validation to help ensure completeness and accuracy before payments are processed. Tipalti also supports FATCA withholding determinations, including treaty rate reductions and certified exemptions, and can automatically calculate and apply withholding when required. Tipalti centralizes payee payment data throughout the year and integrates with Zenwork's Tax1099 e-filing solution to streamline 1099 and 1042-S preparation and submission to the IRS and applicable states. By combining onboarding controls, withholding management, and reporting support in a single platform, Tipalti helps finance teams strengthen compliance while reducing operational burden. Building scalable FATCA compliance. FATCA compliance isn't just a tax issue; it's an operational discipline. As cross-border payments increase, finance teams need structured processes that ensure documentation, withholding accuracy, and reporting consistency from day one. Controllers who modernize these workflows reduce exposure to penalties, eliminate year-end fire drills, and create scalable compliance infrastructure that supports global growth. Learn how Tipalti's automated tax compliance capabilities support global payables and cross-border FATCA requirements. FATCA faqs. What is the purpose of the foreign account tax compliance act (FATCA)? The purpose of FATCA is to reduce tax avoidance by U.S. taxpayers and to withhold, or provide an exemption from, the potential 30% withholding tax on payments to foreign payees for U.S.-source income. How do W-8 forms relate to FATCA compliance? W-8 forms are used to certify foreign status and determine whether FATCA requires 30% tax withholding. W-8s determine if the entity or individual is exempt from withholding through their FATCA Chapter 4 status or subject to a lower tax rate through a tax treaty. What is the impact of FATCA on payments to foreign entities? Under FATCA, payments to foreign entities (NFFEs or FFIs) on certain U.S.-source income categories, including royalties, may be subject to 30% withholding unless they are exempt or receive a reduced rate under a tax treaty, as reported on a W-8 form such as W-8BEN-E. What does Chapter 4 status (FATCA status) mean? Chapter 4 status (FATCA status) means that a foreign entity payee may be subject to Chapter 4 withholding from payments at 30% unless it provides certification about its entity status that provides an exemption or reduced tax rate through a U.S. tax treaty. How to determine FATCA status for a Canadian corporation? Determine FATCA status for a Canadian corporation by determining if it is an FFI (Foreign Financial Institution), an Active NFFE (Non-Financial Foreign Entity), or a Passive NFFE, using Form W-8BEN-E to indicate Chapter 4 status. What are the withholding requirements under FATCA? Under FATCA, payers must withhold 30% from foreign payees for certain types of FATCA-specified U.S. source income unless a certified and reported W-8 form exemption or reduced tax treaty rate applies. FATCA and U.S. Persons Foreign Financial account reporting. What is an IGA for FATCA? IGA FACTA is an intergovernmental agreement between the U.S. and a foreign country for FFI reporting of amounts over a threshold held by U.S. account holders in foreign financial accounts to the IRS. In Model 1 IGA, countries report information for all FFIs in their jurisdiction to the IRS. Countries in Model 2 IGA enable all FFIs in their jurisdiction to directly report relevant customers' account information to the IRS. Does a U.S. financial institution with foreign branches have FATCA registration and reporting responsibilities? Although a U.S. Financial Institution (USFI) with owned foreign branches generally doesn't have FATCA registration and reporting responsibilities, there are exceptions relating to: * Having foreign branches of USFIs with Qualified Intermediary (QI) status * Choosing to be a Lead FI and/or Sponsoring Entity * Having a reporting Model 1 FFI foreign branch. What are the similarities and differences between FATCA Form 8938 vs. FBAR? IRS Form 8938 for FATCA compliance, and FBAR (FinCEN Form 114) apply to certain U.S. persons holding foreign financial accounts above a specified threshold. Domestic entities, including specified corporations, partnerships, and trusts, U.S. citizens, resident aliens, and certain non-resident aliens, file Form 8938 for FATCA with their income tax return submitted to the IRS; U.S. persons file FinCEN Form 114 (FBAR) with the Financial Crimes Enforcement Network, a bureau of the U.S. Department of the Treasury. IRS Form 8938 is the Statement of Specified Foreign Financial Assets. FinCEN Form 114 is the Report of Foreign Bank and Financial Accounts (FBAR). Disclaimer: This content is for general informational and educational purposes only and does not constitute legal, financial, or business advice. The information provided is subject to change and Tipalti makes no warranties or guarantees about the completeness, reliability, or timeliness of the content. You are solely responsible for any actions you take based on the information in this content. Tipalti Ltd. strongly recommend consulting with qualified professionals for advice tailored to your specific situation before making any business decisions.

Welcoming Teodora gouneva. Teodora brings deep experience at a pivotal moment in its journey. Currently serving as CFO of ERGO NEXT Insurance, Teodora has held senior finance leadership roles at companies that reshaped entire industries, including PayPal and Airbnb during their IPO journeys. She has guided organizations through global expansion, regulatory complexity, equity and debt financing, and large-scale M&A, giving her a deep understanding of how hyper-growth companies must evolve their governance and controls as they scale. Teodora joins an accomplished Tipalti Board alongside Oren Zeev, Carl Pascarella, and Dovi Frances. Together, they reflect both its entrepreneurial roots and its long-term ambitions. Why Tipalti? (And why now?). As Tipalti Ltd. forge ahead in 2026, it's no longer just about "How fast can we go?" but also "How do we build the institutional muscle to mature and sustain resilient growth?" I asked Teodora why she chose to join Tipalti Ltd. at this specific juncture. Her answer was refreshing: she saw a disciplined leadership team with a clear roadmap and a mission that she genuinely believed in - elevating mid-market businesses. There's a certain mission alignment you look for when bringing on a new board member. You want someone who understands that Tipalti Ltd. is not just selling software; Tipalti Ltd. is unifying fragmented finance operations so its customers can actually focus on their missions. Teodora's background in investment banking and her tenure as CFO at ERGO NEXT Insurance mean she knows how to build the muscle required to manage these complexities, balancing speed with accountability and control. From navigating IPO readiness at PayPal and Airbnb to managing global regulatory environments, she brings practical insight into how companies mature while maintaining growth and momentum. Her expertise will be most impactful as she chairs its newly formed Audit Committee, strengthening oversight and reinforcing the governance frameworks required at this stage of its journey. A strong foundation for what's ahead. When I reflect on 2025, I see more than growth milestones. Tipalti Ltd. strengthened its AI-powered capabilities, expanded integrations across global ERP ecosystems, and supported customers navigating FX volatility, compliance shifts, and global expansion. And Tipalti Ltd. did it during a period of macroeconomic uncertainty that required resilience and focus. The past year proved that Tipalti can scale. I'm excited to partner with Teodora and its board as Tipalti Ltd. continue building a company defined not only by milestones, but by maturity. And I'm grateful to its employees, customers, partners, and investors who continue to trust Tipalti Ltd. along the way. 2026 will bring new challenges and new opportunities. Tipalti Ltd. is ready for both.