Proposed FATCA Regs. Take Comprehensive Approach

The IRS issued proposed regulations providing rules on information reporting by foreign financial institutions (FFIs) and withholding on certain payments to FFIs and other foreign entities.

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/bLUTu9-p5-w/20120208.aspx

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