Navigating the Nuances of FATCA Pass-Through Payments A Guide for 2017

As mentioned above, the Regulations fail to address how "foreign passthru withholding" is to work in practice. ... 2017, being the earliest date ... Importantly, from 1 January 2017,. Participating FFIs must deduct withholding on payments to non-participating or uncooperative FFIs (“passthru payments”) and ... 2017 (see the Appendix for a FATCA timeline). • Position of UK ... apply FATCA withholding on passthru payments to others. Under the ... Further Suspension of Potential “Foreign Passthru Payment” Withholding. FATCA provides that certain payments by an FFI to a non-compliant ... The proposed regulations reserve on when payments by foreign financial institutions will be treated as "passthru payments" and defer the start ... Withholdable Payments. Chapter 4 withholding began on July 1, 2014, 39 for certain withholdable payments of FDAP and begins on Jan. 1, 2017, ... Additionally, FATCA imposes a 30% withholding tax on Withholdable Payments and. Passthru Payments made to certain non-U.S. entities that are not FFIs ("Non- ... The proposed regulations defer withholdings on pass-through payments. A pass-through payment is any payment made by a foreign financial ... RELEASE DATE 21 December 2017. 10 NON FINANCIAL FOREIGN ENTITIES ... 'foreign passthru payments' which is included in the US provisions. 31, 2018, or the date of the publication of the final Treasury Regulations defining the term Foreign Passthrough Payment. ... 2017 (the 2017 ...