End-July FATCA renewal agreement deadline approaches for foreign banks

Foreign financial institutions (FFIs) in Asia risk losing their FACTA Participating FFI status if they do not renew their agreements with the United States Internal Revenue Service (IRS) by July 31, according to tax specialist Buzzacott.

FULL ARTICLE https://www.theasset.com/wealth-management/33227/end-july-fatca-renewal-agreement-deadline-approaches-for-foreign-banks

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