Treasury Announces Delayed Implementation of FATCA Withholding and Reporting Requirements

Treasury Announces Delayed Implementation of FATCA Withholding and Reporting Requirements

In response to widespread concern about the feasibility of timely compliance, the Treasury Department released Notice 2011-53 on July 14, which gives foreign financial institutions (FFIs) and U.S. withholding agents temporary relief from the fast approaching January 1, 2013 deadline for...

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