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April 12, 2011: Veritas Pension Insurance Company Ltd. ("Veritas")


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Staffan Sevon and Nona Karppinen of Veritas Pension Insurance Co., commenting on guidance (Notice 2010-60) on the Foreign Account Tax Compliance Act withholding and reporting provisions, has urged the IRS to consider defining the exemption from FATCA by methods other than a treaty-based method.

A copy of the "Veritas" letter, as originally published by Tax Analysts, is attached.

Contact FATCA Leader  for further information.

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