U.S.A.: IRS publishes new Non-Financial Foreign Entities FAQs


On 13 December 2017, the Internal Revenue Service (IRS) published a new FAQs section for Non-Financial Foreign Entities (NFFEs).

The new FAQs mainly provide guidance on the FATCA registration of entities that have the status “direct reporting NFFE”.

We continue to monitor the situation and will provide further information as it becomes available.

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