International Tax Alert - April 2014

April 2014

In conjunction with the new FATCA compliance requirements, the Service recently released the final version of the withholding certificate (Form W-8BEN-E), replacing Form W-8BEN, to be completed by foreign entities receiving payments from the United States. Additionally, the Treasury and the Service issued Announcement 2014-17, which serves to expand the list of jurisdictions considered to have an effective Intergovernmental Agreement (“IGA”) regarding FATCA with the United States and also extends the foreign financial institution (“FFI”) registration deadline by ten days.