US Treasury Department Updates FATCA Model Agreements
News    ·   23-08-2013
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AUTHOR: Donald Vella

The US Treasury Department has released updated model intergovernmental agreements (IGAs) for the implementation of the Foreign Account Tax Compliance Act (FATCA). The updated model IGAs are dated 19 August 2013.

The updated model IGAs include a provision requiring financial institutions of a FATCA partner to register with the US Internal Revenue Service (IRS) via the IRS FATCA registration website, which was opened on 19 August 2013. 

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