Tax & Accounting Blog

FATCA Compliance Updated by IRS Notice 2013-69

IRS Notice 2013-69 provides new guidance for foreign financial institutions (FFIs) that sign an FFI agreement with the IRS for compliance under FATCA (the Foreign Account Tax Compliance Act). Notice 2013-69 also includes guidance for FFIs that are treated as reporting financial institutions under an applicable Model 2 intergovernmental agreement (IGA) between the United States … Read More