EBF letter to IRS_Practical issues in complying
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).