Memo #
27661

IRS Releases Draft FFI Agreement

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[27661]

October 30, 2013

TO: TAX MEMBERS No. 31-13
INTERNATIONAL MEMBERS No. 52-13
INTERNATIONAL OPERATIONS ADVISORY COMMITTEE No. 14-13
TRANSFER AGENT ADVISORY COMMITTEE No. 76-13
BROKER/DEALER ADVISORY COMMITTEE No. 48-13
ICI GLOBAL TAX COMMITTEE No. 21-13
TAAC FATCA TASK FORCE No. 6-13 RE: IRS RELEASES DRAFT FFI AGREEMENT

 

The Internal Revenue Service released Notice 2013-69 [1] that contains a draft FFI agreement for participating FFIs directly engaging in agreements with the IRS and those reporting through a Model 2 intergovernmental agreement.  The Notice also previews proposed guidance.  The IRS intends to finalize the draft FFI agreement by December 31, 2013.

 

Ryan Lovin
Assistant Counsel – Tax Law

endnotes

[1] Notice 20013-69 is available at: http://www.irs.gov/pub/irs-drop/n-13-69.pdf