FATCA Deadlines Postponed Again – Notice 2015-66 Released
Posted by William Byrnes on September 21, 2015
This notice announces that the Department of the Treasury (Treasury) 
and the Internal Revenue Service (IRS) intend to amend the regulations under chapter 4 (sections 1471-1474) to extend the period of time that certain transitional rules will apply. Specifically, the amendments will extend:
(1) the date for when withholding on gross proceeds and foreign passthru payments will begin;
(2) the use of limited branches and limited foreign financial institutions (limited FFIs); and
(3) the deadline for a sponsoring entity to register its sponsored entities and redocument such entities with withholding agents.
In addition, in order to reduce compliance burdens on withholding agents that hold collateral as a secured party, this notice announces that Treasury and the IRS intend to amend the regulations under chapter 4 to modify the rules for grandfathered obligations with respect to collateral.
Finally, this notice also provides information on the exchange of information by Model 1 IGA jurisdictions with respect to 2014.
Full analysis and impact of each deadline extension at International Financial Law Prof Blog
William Byrnes' Tax, Wealth, and Risk Intelligence 
InlandTownOnline Anambra State Government Seals 2 Banks - InlandTownOnline said
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