Unveiling Foreign Passthru Payments Essential Information for 2017

... foreign passthrough payments. Certain payees are exempt from FATCA ... 1, 2017, for offshore payments of U.S.-source income, 40 for ... Deferring withholding on foreign pass-through payments; Eliminating ... foreign TIN for a post-2017 form requires a signature. Treatment of Passthru Payments and Gross Proceeds. The Parties are committed ... effective alternative approach to achieve the policy objectives of foreign ... Pass-through payments under FATCA are certain payments that would originate from a debtor payment, which passes through a foreign financial institution ... RELEASE DATE 21 December 2017. 10 NON FINANCIAL FOREIGN ENTITIES ... 'foreign passthru payments' which is included in the US provisions. No withholding on foreign passthru payments until, at least, January 1, 2019;; Extension of time until January 1, 2017, to use limited ... The proposed regulations extend FATCA's “grandfathering” period, delay the effective date for withholding on foreign-source passthru payments, provide potential ... ... foreign entities ("NFFEs"). To avoid ... 2017, the earliest. Additional regulations will be issued to provide guidance on passthru payments. The final regulations, like the proposed regulations, do not define foreign-source passthru payments,11 and provide that withholding on foreign- ... Second, withholding on foreign passthru payments prevents nonparticipating FFIs from avoiding FATCA by investing in the. United States through a ...