IRS Issues Notice 2010-60 which Provides Preliminary Guidance Regarding Priority Issues Involving the Implementation of FATCAGlobal FATCA Development |
On August 27th, the Internal Revenue Service issued Notice 2010-60, “Notice and Request for Comments Regarding Implementation of Information Reporting and Withholding Under Chapter 4 of the Code.”
This is the first step towards the ultimate issuance of Regulations that further clarify the scope and implementation of Foreign Account Tax Compliance Act (FATCA).
An analysis of this Notice will coming soon. A copy of Notice 2010-60 can be found by clicking here.
Full article is available for download in the attached PDF. For more information please contact FATCA Leader or click here.
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IRS Issues Notice 2010-60
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