Financial institutions get glimpse of draft FATCA agreement

Ralph Cunningham

October 30, 2013

The US Treasury Department and Internal Revenue Service (IRS) yesterday published draft guidance and an agreement for foreign financial institutions (FFIs) under the Foreign Account Tax Compliance Act (FATCA), as well as intended updates to the regulations under the legislation.

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Financial institutions get glimpse of draft FATCA agreement

The US Treasury Department and Internal Revenue Service (IRS) yesterday published draft guidance and an agreement for foreign financial institutions (FFIs) under the Foreign Account Tax Compliance Act (FATCA), as well as intended updates to the regulations under the legislation.

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