FATCA Timeline for FFIs

FATCA Implementation Timeline for Foreign Financial Institutions (FFIs)

fatca-timeline-FFI

* These dates assume that the PFFI’s FFI agreement is approved by the IRS and effective on December 31, 2013

** Payments treated as dividend equivalents, under section 871(m), may be treated as Grandfathered up to 6 months after the publication of regulation implementing 871(m) Payments treated as foreign passthru payments may be treated as Grandfathered up to 6 months after the publication of implementing regulations

source: KPMG