October 5, 2012: Western Union
FATCA comment letter
Western Union submits comments to the proposed Foreign Account Tax Compliance Act (FATCA) regulations issued by the Treasury on February 8, 2012 under Sections 1471 through 1474 of the Internal Revenue Code. Western Union seeks a clarification of the definition of a foreign financial institution (FFI) that is in a banking of similar business, as well as a clarification of the definition of a financial account.
A copy of the comment letter, submitted to the IRS in response to FATCA can be downloaded. Contact FATCA leaders for further information.