Today, the effective date for the Foreign Account Tax Compliance Act (FATCA), the U.S. Internal Revenue Service (IRS) has released updates and corrections to the FATCA regulations.
The two sets of updates, which can be viewed on the Federal Register website, are as follows:
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. |
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