EBF letter to IRS_Practical issues in complying with FATCA and the QI Agreement
Publication date: 02 March 2016
Dear Mr Sweeney,
Subject: Practical issues in complying with FATCA and the QI Agreement
I am writing to you as Chief Executive of the European Banking Federation (EBF), the voice of European banks, to draw your attention to a number of practical issues in delivering the requirements of FATCA and the Qualified Intermediary (QI) Agreement. I 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 Internal Revenue Service (IRS).
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European Banking Federation
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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