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Tag Archives: Renewing a Foreign Financial Institution Agreement

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Renewing a Foreign Financial Institution Agreement

By Ronald Cutler, P.A. |

Last week, the IRS officially urged foreign banks and other financial institutions to renew their Foreign Financial Institution (FFI) agreements. Those who are required to renew these agreements, but fail to do so by October 24 could be removed from the IRS’s official list and will also be subject to a 30 percent withholding… Read More »