U.S.A.: FATCA: IRS publishes updated FAQ
On 25 September 2014, the U.S. Internal Revenue Service (IRS) published on their website further updated Frequently Asked Questions (FAQ) regarding FATCA.
The updated FAQ, which can be viewed under FATCA - FAQs General, now include updates in regards to:
- registration for non-reporting financial institutions in Model I Intergovernmental Agreements (IGA) jurisdictions; and
- substitute withholding certificates.
We continue to monitor the implementation of FATCA and will provide more information as it becomes available.
| This Taxflash is intended to provide customers with general information gathered from different sources that are generally believed to be reliable. Clearstream Banking S.A. does not guarantee the accuracy or completeness of the information and does not undertake to keep it up to date. Use of the information made available in this Taxflash is at the customer’s own risk and Clearstream Banking S.A., its subsidiaries and affiliates expressly disclaim any liability for any errors or omissions reflected herein. The information in this Taxflash does not constitute legal or tax advice. |