Unveiling the FATCA Pass-Through Payment Compliance Roadmap for 2017

... pass-through payments, 1 January. 2017. While these dates may seem distant, all FFIs and US persons who make payments to FFIs should start to take ... ... passthru payments, and provide that withholding on foreign-source passthru payments will begin no earlier than 2017. Thus, a non-participating foreign ... This document contains proposed regulations eliminating withholding on payments of gross proceeds, deferring withholding on foreign passthru payments. Foreign passthru payment. The definition of a foreign passthru payment itself is not yet defined by the FATCA law. The withholding on this ... The table below shows regulations, rulings, notices, announcements, and other FATCA-related guidance or requirements. ... 2017. FATCA is intended to prevent U.S. taxpayers from ... payments” and on foreign “passthru” payments that such foreign entities receive. - Withhold tax on foreign passthru payments made to recalcitrant accounts and nonparticipating ... reported in years 2016 and 2017, with ... payments and “foreign passthru payments” that the FFI makes to. NEW ... 2017 and the date that is six months after the publication of such ... A passthru payment that is a withholdable payment would be subject to FATCA ... payments made before January 1, 2017. Instead, participating FFIs would ... ... passthru payments” (pay- ments attributable to withholdable payments) made to ... foreign pass thru payments until January 1, 2017, two years later than in.