EBF letter to IRS regarding technical issues in complying with the proposed QI Agreement (IRS Notice 2016-42)
Publication date: 26 August 2016
Dear Mr Sweeney, dear Ms Perkins,
I am writing to you as Chief Executive of the European Banking Federation (EBF), which is the voice of European banks.
Our members highlight below some technical and practical issues in delivering the requirements of the proposed QI Agreement and would like to make some suggestions for your consideration as to how these issues can be resolved to the benefit of both Financial Institutions and the IRS.
Click on the “FULL DOCUMENT button” to read the full letter
🇪🇪 Estonian banks 🏦 have issued 1.4 bank cards per inhabitant, 80% of which are debit cards, and 20% credit cards 💳. More than 99% of payment orders have been initiated electronically since 2009. #EuropeanBanks
Read more here ➡️vhttps://www.ebf.eu/facts-and-figures/
The EBF is the voice of the European banking sector, bringing together national banking associations from 45 countries. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere.
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