Elizabeth A. McMorrowDec 22, 2022Is Anyone at the IRS Reinstating GIINs?Financial Institutions (FIs) around the world find themselves with terminated FATCA accounts. As a result their Global Intermediary...
Elizabeth A. McMorrowApr 25, 2022FATCA: Reversing Agreement Terminated StatusCertain entities may register in the IRS FATCA portal and, upon registration approval, receive a Global Intermediary Identification...
Elizabeth McMorrowJul 12, 2021IRS FFI Agreement Terminated. Now What?If you missed the July 1 deadline for submitting a FATCA Responsible Officer (RO) Periodic Certification, the Internal Revenue Service...
Elizabeth A. McMorrowAug 1, 2017FATCA: The IRS Extends FFI Agreement Registration Renewal DeadlineA Foreign Financial Institution (FFI) that seeks to renew its FFI agreement must do so prior to October 24, 2017. The deadline had...
Elizabeth A. McMorrowJun 7, 2017FATCA Portal Open for Mandatory FFI Agreement RenewalThe IRS announced the FATCA FFI Registration system has been updated to include the ability for FFIs to renew their agreement with the...
Elizabeth A. McMorrowApr 12, 2017Mandatory Registration Renewal for FFI AgreementAll Foreign Financial Institutions (FFIs) that have entered into an FFI Agreement with the US Internal Revenue Service (IRS) must renew...