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
Here you will find the most recent FATCA System Registration Updates.

FATCA Frequently Asked Questions (FAQs)
Here you will find the latest FATCA Frequently Asked Questions (FAQs).

FATCA Roundtable - Industry Concerns and SuggestionsPDF
The FATCA Roundtable provided a forum for members of representative industry associations and IRS officials to discuss FATCA implementation efforts to date, along with present and future FATCA compliance challenges.

Notice 2017-46, Revised Guidance Related to Obtaining and Reporting Taxpayer Identification Numbers and Dates of Birth by Financial Institutions
September 25, 2017 — This notice provides procedures for certain foreign financial institutions (FFIs) required to report U.S. taxpayer identification numbers (U.S. TINs) for certain accounts under a Model 1 intergovernmental agreement (IGA).

This Notice also announces that the Department of the Treasury and the IRS intend to amend certain provisions of the temporary regulations under chapter 3 of the Internal Revenue Code. The amendments would provide limitations on, and a phase-in of, the requirement for certain withholding agents to obtain and report the account holder’s Foreign TIN* and the account holder’s date of birth (individual account holder).

T.D. 9752 (IRB 2016-10), Reporting of Specified Foreign Financial Assets
February 23, 2016 — This document contains final regulations providing guidance regarding the requirements for certain domestic entities to report specified foreign financial assets to the Internal Revenue Service.

Notice 2016-08, Timing of Submitting Preexisting Accounts and Periodic Certifications; Reporting of Accounts of Nonparticipating FFIs; Reliance on Electronically Furnished Forms W-8 and W-9
February 8, 2016 — This notice provides guidance concerning (1) the timing for FFIs’ submission of preexisting account certifications and periodic certifications, (2) reporting of accounts of nonparticipating FFIs by certain FFIs, and (3) reliance by withholding agents on electronically furnished Forms W-8 and W-9.