FFI list schema and XML test files - 18/04/2013
Foreign Financial Institution (FFI) list schema and extensible markup language (XML) test files
On April 9, 2013, the IRS released the Foreign Financial Institution (FFI) list schema and extensible markup language (XML) test files to allow withholding agents and other interested parties to prepare systems and procedures to validate Global Intermediary Identification Numbers (GIINs) provided by account holders and payees.
In this respect, please find enclosed the news alert prepared by our US colleagues highlighting the main aspects of the test file.
If you have any queries regarding the above, please do not hesitate to contact us.
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