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New FATCA Guidance

On Behalf of | May 2, 2014 | International Tax Law, IRS |

The IRS provides further clarification and announces its intention to further amend certain Regulations concerning FATCA. In order to facilitate an orderly transition for withholding agents and Foreign Financial Institutions, the years 2014 and 2015 will be treated as a transition period for FATCA compliance. For more information, read IRS Notice 2014-33.


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