By plang on 6/21/2012 3:38 PM
Version française ci-dessous

Switzerland and the United States published a joint statement regarding the implementation of FATCA in order to simplify the tasks of the Swiss FFIs. The goals of the future agreement cover in particular the definition of a list of Swiss FFIs considered as deemed-compliant or exempted FFIs, the elimination of the 30% US withholding on US source payments to Swiss FFIs and the simplification of the implementation of the FATCA regulation. The Swiss FFIs won’t have to close the accounts of the recalcitrant account holders and to apply a withholding tax on foreign passthru payments. The Swiss FFIs will report directly to the US authorities.

In return Switzerland will force all Swiss financial institutions (except if exempt or deemed-compliant) to enter into an FFI agreement with the Internal Revenue Service (IRS) and will accept to honor any group request by the US competent authority for additional information about US recalcitrant accounts.

La Suisse et les Etats-Unis...
By plang on 6/12/2012 9:03 AM
Version française ci-dessous

The IRS published the new W-8BEN forms in draft. There will be 2 different W-8BEN forms in the future, one for individuals (W-8BEN) and one for entities (W-8BEN-E). The W-8BEN-E covers chapter 3 and chapter 4 categories of entities (QI and FATCA).

L’IRS a publié les versions provisoires des nouveaux formulaires W-8BEN. Il y aura dorénavant deux formulaires W-8BEN différents, un pour les individus (W-8BEN) et un pour les entités (W-8BEN-E). Le W-8BEN-E reprend les catégories d’entités propres au chapitre 3 et au chapitre 4 (QI et FATCA).

By plang on 6/11/2012 10:13 AM
Version française ci-dessous

The procedure regarding the upfront payments (CHF 2 billion for Germany and CHF 500 million for the United Kingdom) has been approved by the SBA. The 30 paying agents representing the largest portions of client assets from Germany and UK will have to pay an upfront payment proportional to their portion on 31/12/2010. The 30 agents will be elected among the 50 paying agents representing the largest part of the withholding tax reported according to the EU savings directive for the year 2010. The 50 paying agents must determine the relevant assets and have them verified and confirmed by their external auditors. An implementation vehicle will be founded by the paying agents who have to pay a preliminary payment.

La procédure concernant les avances (CHF 2 milliards pour l’Allemagne et CHF 500 millions pour le Royaume-Uni) a été adoptée par l’ASB. Les 30 agents payeurs représentant les parts les plus importantes des avoirs clients pour chacun des pays concernés devront payer...
FATCA - Formulaire 8966 pour 2015
Belgique - Nouvelle taxation des plus-values
FATCA - Opening of the Registration Website
FATCA - Draft version of form 8966
FATCA – Six-Month Extension for FATCA Withholding
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