Treasury Revises Model IGAs under FATCA

In connection with the 6-month extension of FATCA withholding and registration that was announced on Friday, the Treasury Department has revised the Model IGAs and Annexes to reflect such extension. There are also a small handful of non-substantive wording changes in the revised Models that are unrelated to the extension.

See: Annex II to Model 2 Agreement; Annex II to Model 1 Agreement; Annex I to Model 2 Agreement; Annex I to Model 1 Agreement; Model 2 Agreement No TIEA or DTC; Model 2 Agreement Preexisting TIEA or DTC; Nonreciprocal Model 1B Agreement, No TIEA or DTC; Nonreciprocal Model 1B Agreement, Preexisting TIEA or DTC; Reciprocal Model 1A Agreement, Preexisting TIEA or DTC. See also: IRS Extends Commencement Date of FATCA Withholding, FATCA Registration and Other FATCA Deadlines for 6 Months.