September 26, 2012: American Bankers Association (ABA)
FATCA comment letter
American Bankers Association (ABA) submits supplementary comments to the February 8, 2012 released proposed regulations on the Foreign Account Tax Compliance Act (FATCA) by the Internal Revenue Service (IRS). The letter focuses on the question of what is included in the definition of a “financial account” for purposes of FATCA reporting and withholding.
A copy of the comment letter, submitted to the IRS in response to FATCA can be downloaded. Contact FATCA leaders for further information.