FATCA FAQ Modifies, Clarifies Some 2017 QI Agreement Provisions

FATCA FAQ Modifies, Clarifies Some 2017 QI Agreement Provisions

Internal Revenue Service

The IRS has updated a prior list of frequently asked questions on Foreign Account Tax Compliance Act requirements to clarify and modify some 2017 qualified intermediary agreement provisions.

The IRS has updated a prior list of frequently asked questions on Foreign Account Tax Compliance Act requirements to clarify and modify some 2017 qualified intermediary agreement provisions.

The IRS has updated a <a href="/lr/resolve//1xdp0">prior list</a> of frequently asked questions on Foreign Account Tax Compliance Act requirements to clarify and modify some 2017 qualified intermediary agreement provisions regarding treatment of a Form W-8 as unreliable for foreign status claims, documentation requirements for a treaty benefit claim, and the status of approved know-your-customer attachments.

The IRS has updated a prior list of frequently asked questions on Foreign Account Tax Compliance Act requirements to clarify and modify some 2017 qualified intermediary agreement provisions regarding treatment of a Form W-8 as unreliable for foreign status claims, documentation requirements for a treaty benefit claim, and the status of approved know-your-customer attachments.