• FATCA: Delayed Start Dates: IRS and Treasury Department Announce Delay of FATCA Implementation
  • July 16, 2013
  • Law Firm: Sullivan Cromwell LLP - New York Office
  • On July 12, 2013, the Internal Revenue Service (the “IRS”) and Treasury Department released Notice 2013-43 (the “Notice”), announcing a six-month postponement to the start of withholding and account due diligence required by the foreign account tax compliance provisions (“FATCA”) of the Hiring Incentives to Restore Employment Act of 2010.