IRS loosens Chapter 3, FATCA reporting requirements for financial institutions
In a Notice, IRS has liberalized rules that require financial institutions to provide certain information with respect to their account …
IRS instructs 2017 Form 1042-S filers not to use certain “Chapter 3 status codes”
On its webpage, IRS has announced that, as a result of its recent issuance of a new final Qualified Intermediary …
Updated FATCA FAQs discuss registration of trustee-documented trusts
IRS has revised its frequently asked questions (FAQs) on the Foreign Account Tax Compliance Act (FATCA) to provide guidance to …