Foreign Passthru Payments 2017 The Key to Global Expansion

... Pass-through Payment legislation is enacted, no earlier than 2017. ... foreign passthru payments. This withholding will now not be required ... Reporting on gross proceeds is to begin in 2017. Passthru Payments. The proposed regulations would provide that withholding is not required with ... (vi) Offshore payments of U.S. source FDAP income prior to 2017 (transitional). ... (2) Special rule for foreign passthru payments and payments of gross ... With respect to withholding on passthru payments, the Proposed Regulations indicate that withholding will occur no earlier than January 1, 2017, ... There is no requirement to withhold on foreign passthru payments for payments made before. January 1, 2019 and therefore this requirement is ... on passthru payments (that is, withholdable payments and foreign passthru payments) made to recalcitrant account holders of the FFI and. 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- ... sale: 1 January 2017. (a) FA. TCA withholding disclosure (all). (b) ... “foreign passthru payments”. (8). (1). U.S. issuers include not only U.S. ... Similar to withholding on gross proceeds, Treasury and the IRS have previously deferred the date when withholding on foreign passthru payments ... Second, withholding on foreign passthru payments prevents nonparticipating FFIs from avoiding FATCA by investing in the. United States through a ...