Skip to content

On Dec. 30, 2022, the IRS issued Notice 2023-11, which provides temporary relief for certain foreign financial institutions (FFIs) required to report U.S. taxpayer identification numbers (U.S. TINs) under the Foreign Account Compliance Act (FATCA). The temporary relief applies to FFIs subject to Model 1 Intergovernmental Agreements (Model 1 IGAs).

Click here to continue reading the full GT Alert.