Important Deadlines and Effective Dates Under Proposed FATCA Regulations



• FFIs may begin to apply to enter into FFI agreements

• To qualify for PFFI status by the time FATCA withholding first becomes effective on January 1, 2014, an FFI will be required to execute an FFI agreement with the IRS by June 30, 2013


• ATCA withholding begins on withholdable payments that are US-source FDAP

• PFFIs must begin reporting limited information relating to US investors and non-US non-FFI investors for the prior year (name, address, taxpayer identification number, account number (if any), investment balance)...

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:


Foley Hoag LLP on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.