Summary of FATCA Timelines
Withholding (by withholding agents) 2014 July 1 30% U.S. withholding tax will apply to payments of certain U.S. source income (e.g., dividends, interest, insurance premiums) made to non-U.S. financial institutions (FFIs) … Unless FFI establishes by registration it is: A participating FFI, including FFIs in Model 2 IGA, An FFI in a jurisdiction...