[27364]
July 9, 2013
TO: ICI GLOBAL TAX COMMITTEE No. 16-13 RE: MATERIALS FOR ICI GLOBAL TAX COMMITTEE 11 JULY FATCA CALL
The ICI Global Tax Committee, as we informed you previously, [1] will hold a conference call on Thursday, 11 July, at 10.00 (U.S. Eastern time) – 15.00 in London and 16.00 in Central Europe – to continue the discussion from the 2 July Committee call on FATCA. This call, like the first, will address the previously-distributed FATCA consultation document prepared by the Organisation for Economic Co-operation and Development (“OECD”). The consultation document, as we discussed, asks 19 questions regarding a proposal under consideration that effectively would expand FATCA by developing a multilateral model for exchanging automatically financial account (e.g., tax) information.
Attached for your consideration is a revised draft of ICI Global responses, reflecting the Committee’s 2 July discussion, to the 19 questions. We will refine these responses further during our call on 11 July. Please feel free to share this draft with your colleagues and, time permitting, send suggested changes in advance of the call. Before Thursday’s call, we also will distribute a draft cover letter summarizing the responses to the 19 questions. A final response will be submitted by ICI Global on 19 July.
If you would like to participate in the call, and have not RSVP’d already, please RSVP to my assistant (Ezella Wynn) at ewynn@ici.org. The call-in numbers will be 800-857-2255 for participants in the U.S. and 1-415-228-4956 for participants outside of the U.S. The passcode for all participants will be 2543067.
Please feel free to send suggested comments to me at lawson@ici.org. You also may reach me at 1-202-326-5832. Thank you.
Keith Lawson
Senior Counsel - Tax Law
endnotes
[1] See Memorandum No. 27362, dated July 8, 2013.