FATCA FAQ update

New FAQs Posted on Various Compliance Items for Foreign Financial Institutions

Sponsoring Entities with Certification Periods ending on December 31, 2017 The IRS has recently published an FAQ providing that Sponsoring Entities with certification periods ending December 31, 2017 may rely on rules provided in the notice of proposed rulemaking (REG-103477-14) published on January 6, 2017 in the Federal Register(82 FR 1629).

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