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November 2, 2010: Treasury Secretary Responds to Congressman Wm. Lacy Clay

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Treasury Secretary Responds to FATCA Comment Letter U.S. Tax Development

On November 2nd, Timothy Geithner, Secretary of the Treasury, responded to Congressman Wm. Lacy Clay’s September 13th letter requesting certain carveouts for FFIs to comply with FATCA.

A copy of the Secretary Geithner’s letter, as originally published by Tax Analysts, is attached. A copy of Congressman Clay’s letter can be found by clicking here.

Contact FATCA Leader for further information.

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