FATCA, Deadlines | JD Supra

Cayman Islands FATCA/CRS Deadlines Extended

Foley Hoag LLP on 6/27/2017

On June 22, 2017, the Cayman Islands extended deadlines relating to 2016 FATCA and Common Reporting Standard (CRS) compliance, as follows...more

FATCA and CRS: 2016 Year End Reminders and a Look Ahead to 2017

Foley Hoag LLP on 12/2/2016

As 2016 comes to a close, U.S. FATCA is almost fully phased-in, U.K. FATCA is being phased-out and the Common Reporting Standard (“CRS”) is nearing the first anniversary of its effective date. What began as a concept in 2010...more

Cayman Islands FATCA Compliance Deadlines Extended Again

Foley Hoag LLP on 8/9/2016

The Cayman Islands announced the further extension of the 2016 registration and reporting deadlines for U.S. FATCA and U.K. FATCA (also known as U.K. CDOT), as follows...more

Financial Services Quarterly Report - Third Quarter 2015: Developments in the Luxembourg Financial Sector

Dechert LLP on 10/8/2015

The Luxembourg government has brought to Parliament a bill of law transposing UCITS V into Luxembourg’s UCI Law and AIFM Law. Further, the Luxembourg CSSF published a new version of its AIFMD Frequently Asked Questions, among...more

Cayman Islands FATCA Compliance Deadlines Extended Again

Foley Hoag LLP on 5/26/2015

The Cayman Islands announced the further extension of its FATCA registration and reporting deadlines, as follows... ...Cayman Islands investment entities that have been classified as “Reporting Cayman Islands Financial...more

FATCA — Final Deadline to Obtain a GIIN for Model 1 IGA FFIs

Akin Gump Strauss Hauer & Feld LLP on 12/8/2014

Under transitional relief, certain non-U.S. investment funds, including Cayman Islands funds, that qualify as foreign financial institutions (FFIs), have been permitted to certify their status under the U.S. Foreign Account...more

IRS Offers FATCA Relief, Extending Registration Deadline and Expanding Intergovernmental Agreement List

Proskauer Rose LLP on 4/11/2014

On April 2, 2014, the U.S. Internal Revenue Service (IRS) issued Announcement 2014-17 (the Announcement), which provides certain FATCA relief. The Announcement extends from April 25, 2014 to May 5, 2014 the deadline by which...more

FATCA: Crunch Time (April 25th Deadline is Imminent)

Foley Hoag LLP on 3/31/2014

Every foreign entity must take steps immediately to determine whether FATCA will apply to it and, if so, whether FATCA registration will be required by April 25, 2014....more

FATCA: With Deadlines Looming, the Time to Act is Now

Foley Hoag LLP on 2/27/2014

On July 1, 2014, FATCA will go into effect. As a consequence, foreign entities that receive payments or allocations of certain U.S.-source income generally will be subject to a new 30 percent U.S. withholding tax on such...more

"Treasury and IRS Move to Implement FATCA as 2014 Start Date Approaches"

Skadden, Arps, Slate, Meagher & Flom LLP on 11/5/2013

On October 29, 2013, the IRS issued Notice 2013-69 as the next step in implementing far-reaching legislation commonly known as the Foreign Account Tax Compliance Act (FATCA). Congress enacted FATCA in 2010 as part of...more

Treasury Delays FATCA Deadlines by Six Months

Akerman LLP on 7/26/2013

On July 12, the Treasury Department issued Notice 2013-43, which provides a revised timeline for the Foreign Account Tax Compliance Act (FATCA). The FATCA withholding and reporting requirements will be delayed six months...more

Treasury and IRS Extend FATCA Deadlines

Orrick - Finance 20/20 on 7/23/2013

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...more

Treasury and IRS Extend FATCA Deadlines

Orrick, Herrington & Sutcliffe LLP on 7/22/2013

Notice 2013-43 (http://www.irs.gov/pub/irs-drop/n-13-43.pdf), 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...more

Extension of FATCA Withholding Start Date and Grandfathering End Date

Orrick - Finance 20/20 on 7/16/2013

On July 12, Treasury and the IRS announced that they intend to amend final Treasury regulations implementing the U.S. Foreign Account Tax Compliance Act (FATCA) to provide for a six-month extension to the start of FATCA...more

Legal Alert: New Extended FATCA Implementation Dates

Eversheds Sutherland (US) LLP on 7/16/2013

On July 12, 2013, the IRS, in Notice 2013-43, and the Department of the Treasury in a Press Release of the same date, extended the implementation dates by six months for many of the withholding and account due diligence...more

FATCA Deadlines Extended

Proskauer Rose LLP on 7/15/2013

On July 12, 2013, the U.S. Internal Revenue Service (IRS) issued Notice 2013-43 (Notice) which extends certain key deadlines for implementing FATCA, and provides guidance regarding the effect of these deadlines on FATCA...more

IRS Delays Implementation of FATCA Tax Reporting Rules

Katten Muchin Rosenman LLP on 10/31/2012

The Internal Revenue Service this week released Announcement 2012-42 (the Announcement), which postpones until 2014 the need for foreign hedge funds and private equity funds to request Foreign Account Tax Compliance Act...more

Revisions to FATCA Implementation

Morgan Lewis on 10/29/2012

IRS announces certain new time lines for implementation and further interpretive guidance. On October 24, the Internal Revenue Service (IRS) announced several key revisions to Foreign Account Tax Compliance Act...more

IRS Announces Extended FATCA Deadlines

Proskauer Rose LLP on 10/26/2012

On October 24, 2012, the U.S. Internal Revenue Service (IRS) issued Announcement 2012-42: Timelines for Due Diligence and Other Requirements Under FATCA (Announcement). The Announcement provides that final regulations (Final...more

ISDA Publishes 2012 FATCA Protocol

Proskauer Rose LLP on 8/28/2012

On August 15, 2012, the International Swaps and Derivatives Association (the "ISDA") opened the ISDA 2012 FATCA Protocol (the "FATCA Protocol") for adherence. The FATCA Protocol is intended to allow adherents to amend certain...more

Important Deadlines and Effective Dates Under Proposed FATCA Regulations

Foley Hoag LLP on 3/19/2012

2013 • 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...more

FATCA Proposed Regulations Unveiled by Treasury

Morgan Lewis on 3/6/2012

On February 8, Treasury released nearly 400 pages of highly detailed proposed regulations (the Proposed Regulations) relating to the implementation of the Foreign Account Tax Compliance Act (FATCA). In drafting the Proposed...more

Foreign Account Tax Compliance Act › Deadlines

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