The IRS recently published Notice 2017-174, which reminds all Foreign Financial Institutions (FFIs) that the due date for renewing agreements is October 24, 2017. The renewal process applies to all Participating FFIs not covered by an IGSA, reporting FFIs under a Model 2 IGA, and Reporting Model 1 FFIs with operating branches outside of Model 1 jurisdictions.
IRS Releases Reminder of Upcoming Deadline for FFI Registration for FATCA
Nicolette Chasse
October 25, 2017
Sign up for Email Updates
Stay up to date with the latest tax and compliance updates that may impact your business.
Author
Nicolette Chasse
Nicolette Chasse is a Junior Regulatory Counsel at Sovos Compliance. Her main areas of focus are Automatic Exchange of Information (AEOI) reporting under FATCA and CRS and 1099 Federal Withholding Reporting. Nicolette received her B.A. at Trinity College and her J.D. at Penn State’s Dickinson School of Law. She is a member of the Massachusetts Bar.
Share This Post