Guidance for FFIs Entering into an Agreement with the IRS
Published on:
December 17, 2013
SIFMA provides comments to the U.S. Department of Treasury and the Internal Revenue Service (IRS) on guidance to foreign financial institutions (FFIs) entering into an FFI agreement with the IRS to be treated as participating FFIs (PFFIs), Notice 2013-69.
SIFMA offers its expertise with recommendations for general responsibilities and related updates to regulations and forms, in addition to specific recommendations for the draft FII Agreement included in the IRS Notice.