Notice 2013-43, released on July 12, 2013, announces the Internal Revenue Service’s (the IRS) and the Department of the Treasury’s intent to amend final Treasury regulations implementing the U.S. Foreign Account Tax Compliance Act (FATCA) to (i) extend certain implementation dates for withholding and account due diligence and (ii) specifically identify jurisdictions treated as having in force intergovernmental agreements (IGAs) for the implementation of FATCA, including jurisdictions that have signed IGAs but have not yet brought those IGAs into force. Orrick covered the topic in a recent alert. Notice 2013-43.
