... [A] FATCA implementation report by Navigant prepared in the aftermath of Notice 2010-60 and sent to me by my colleague Rich Kando. This first report could be found here . Subsequent to... Notice 2011-34, Navigant... prepared an updated implementation... Read More
In April, the IRS issued Notice 2011-34, modifying and supplementing initial guidance provided by Notice 2010-60 on the future reporting, documentation, and withholding requirements for foreign financial institutions (FFIs) that have U.S. accounts. Notice... Read More
... [Notice 2011-34 FATCA] guidance comes in the form of another voluminous notice... which, in addition... Notice 2010-60, comes to a... possible 100-150 page proposed regulation, counting the preamble. It seems paradoxical... when everybody is talking... Read More
On Friday, January 21, 2011, a Treasury Department official [Itai Grinberg] gave his views on the treatment an important issue under FATCA that affects the PE and VC industries... [Grinberg] stated that he believed that payment obligations under revolving... Read More