Tax Law

Recent Posts

More FATCA Reporting Requirements Guidance for FFIs
Posted on 10 May 2011 by Neil Aragones

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: The Second Round of FATCA Guidance Is Released
Posted on 19 Apr 2011 by Ivan Mitev

... [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

FATCA Implementation: Take Two
Posted on 16 May 2011 by Ivan Mitev

... [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

Treasury Official: Payments Under Fixed-Term Revolvers Likely to Qualify for FATCA Exemption
Posted on 26 Jan 2011 by Matthew Kaden

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

More FATCA Reporting Requirements Guidance for FFIs
Posted on 10 May 2011 by Neil Aragones

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

FATCA Implementation: Take Two
Posted on 16 May 2011 by Ivan Mitev

... [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

Treasury Official: Payments Under Fixed-Term Revolvers Likely to Qualify for FATCA Exemption
Posted on 26 Jan 2011 by Matthew Kaden

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

Notice 2011-34: The Second Round of FATCA Guidance Is Released
Posted on 19 Apr 2011 by Ivan Mitev

... [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