Issue Number: 2020-2
Inside This Issue
- Procedures for FATCA Certification Event of Default Notices
- New FAQ on FATCA registration statuses changed to Agreement Terminated
1. Procedures for FATCA Certification Event of Default Notices
IRS publishes “Procedures for FATCA Certification Event of Default Notices” which describes Foreign Payments Practice’s (FPP) process for addressing noncompliance with the FATCA certification requirements. These procedures outline the Event of Default Notice timeline, the request for reconsideration process, the appeals process, and remediation plan guidance.
Back to top
2. New FAQ on FATCA registration statuses changed to Agreement Terminated
IRS publishes a new FATCA FAQ related to registration statuses changed to “Agreement Terminated”. See new FAQ 18 in the Registration Update category on the FATCA FAQs General page.
Back to top
Thank you for subscribing to FATCA News & Information, an IRS e-mail service. For more information on federal taxes please visit IRS.gov.
This message was distributed automatically from the FATCA News & Information mailing list. Please Do Not Reply To This Message.
|