U.S.A.: FATCA : IRS release a draft of the new Form 8957 for public review and comment
The U.S. Internal Revenue Service (IRS) has released the draft of a new Form 8957, FATCA Registration Process, dated 5 April 2013.
This draft of the FATCA registration form for financial institutions, which is released for public review and comment only, provides an overview of the questions that are most likely to be included in the online registration process to make electronic completion of the process as simple as possible.
The online registration portal is scheduled to be available in July 2013.
Financial institutions that want to use a paper form for registration cannot use this draft Form 8957 but must use the final paper registration that is expected to be published in July 2013. However, the IRS strongly recommends the use of the electronic online registration.
No further details have yet been provided and we are awaiting the final version and relevant instructions.
The above information is not intended to be exhaustive. We will continue to monitor the IRS and commentator publications and will provide customers with further relevant information in due course.
Further information
For further information, customers may contact the Clearstream Banking1 Tax Help Desk on:
| Luxembourg | Frankfurt | |
| Email: | tax@clearstream.com | tax@clearstream.com |
| Telephone: | +352-243-32835 | +49-(0) 69-2 11-1 3821 |
| Fax: | +352-243-632835 | +49-(0) 69-2 11-61 3821 |
or Clearstream Banking Customer Service or their Relationship Officer.
------------------------------------------
1. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in the Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500 (CBF) and Clearstream Banking, société anonyme, registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Register of Commerce and Companies under number B-9248 (CBL).
| As a registered customer, subscribe to our free email alerts service to receive immediate, daily and/or weekly notification of the latest customer publications on our website. Unsubscribe at any time; we respect your email privacy. |