On 30 December 2016, the U.S. Treasury Department and IRS released final and temporary FATCA regulations that are scheduled to be published in the Federal Register on 6 January 2017.
Final and temporary regulations TD 9808 contain regulations regarding withholding of tax on certain U.S. source income paid to foreign persons, information reporting and backup withholding with respect to payments made to certain U.S. persons, and portfolio interest paid to nonresident alien individuals and for…