FATCA - Current Alerts and Other News
Here you will find FATCA items of current interest – new updates, recent guidance and related news.
Updated List of FATCA Forms and Instructions
Here you will find the latest FATCA Forms and Instructions
Updated IRS FATCA Foreign Financial Institution (FFI) List
Here you will find a cumulative updated FFI list containing the names of all financial institutions and other entities that have completed FATCA registration with the Internal Revenue Service. An updated version of the FFI List User Guide is also available.
FATCA Registration System Updates
Nov. 6, 2014 – We have updated the FATCA Registration to include new features. We also have updated the Registration User Guide.
FATCA Frequently Asked Questions (FAQs)
Here you will find the latest FATCA Frequently Asked Questions (FAQs).
Announcement 2014-38, Update on Jurisdictions Treated as if They Had an IGA in Effect
Dec. 1, 2014 - Announcement 2014-38 provides updated guidance with respect to jurisdictions that are treated as having an intergovernmental agreement (IGA) to implement FATCA in effect pursuant to Announcement 2014-17. Announcement 2014-38 provides an extension of time, beyond the original December 31, 2014 deadline of Announcement 2014-17, for jurisdictions that have agreed to an IGA in substance, but have yet to sign the IGA, to be treated as having an IGA in effect. Announcement 2014-38 also identifies additional jurisdictions that will be treated, as of November 30, 2014, as having an IGA in effect.
Notice 2014-59, Modified Applicability Dates of Certain Provisions Under Chapters 3 and 61
October 27, 2014 – This notice announces modified applicability dates for (1) the standards of knowledge applicable to a withholding certificate or documentary evidence to document certain payees and (2) the circumstances under which a withholding agent or payor may rely on documentary evidence provided by a payee instead of a withholding certificate to document the foreign status of the payee for chapters 3 and 61.
Revenue Procedure 2014-47 (IRB 2014-35), Updated Withholding Foreign Partnership (WP) and Withholding Foreign Trust (WT) Agreements
August 25, 2014 – This revenue procedure updates the Withholding Foreign Partnership (WP) and Withholding Foreign Trust (WT) agreements, applicable to foreign partnerships and trusts that wish to enter into a WP or WT withholding agreement with the Internal Revenue Service.
Revenue Procedure 2014-39 (IRB 2014-29), Revised Qualified Intermediary (QI) Agreement
July 14, 2014 - This revenue procedure provides guidance for entering into a qualified intermediary (QI) withholding agreement with the Internal Revenue Service.
Revenue Procedure 2014-38 (IRB 2014-29), Updated FFI Agreement for Participating FFIs and Reporting Model 2 FFIs
July 14, 2014 – This revenue procedure updates the FFI Agreement applicable to foreign financial institutions (FFIs) wishing to enter into an FFI Agreement with the Internal Revenue Service.
Notice 2014-33 (IRB 2014-21), Further Guidance on the Implementation of FATCA and Related Withholding Provisions
May 19, 2014 – This notice announces a transition period for purposes of IRS enforcement and administration with respect to the implementation of FATCA by withholding agents, foreign financial institutions, and other entities.
Announcement 2014-17 (IRB 2014-18), Update on Jurisdictions Treated as Having an IGA in Effect and on FATCA Financial Institution Registration
April 28, 2014 – This announcement provides guidance to foreign financial institutions (FFIs) in jurisdictions that have not signed an intergovernmental FATCA agreement, but that have reached an agreement in substance with the United States on the terms of an IGA.