October 05, 2011: German Banking Industry Committee (Die Deutsche Kreditwirtschaft)
German Banking Industry Committee (Die Deutsche Kreditwirtschaft) contacted Deputy Assistant Secretary Tax Policy (Int'l) and International Tax Counsel of United States Department of Treasury and Deputy Commissioner (Int'l) LB8J and Associate Chief Counsel (Int'l) of Internal Revenue Service prior to the announced issuance of proposed regulations implementing the Foreign Account Tax Compliance Act (FATCA) in order to highlight areas in which it is especially essential. In particular, they draw attention to some important special features of the German financial market environment.
Download the attached comment letter.
Contact FATCA Leader for further information.