Wednesday, September 28, 2016

FATCA News and Information

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FATCA News & Information September 28, 2016

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Issue Number:  2016-20

Inside This Issue


  1. FATCA Notification Process Now Operating Normally

 


1.  FATCA Notification Process Now Operating Normally

The issue in the International Compliance Management Model (ICMM) that caused certain Notifications to either be duplicated or fail to be generated has been identified and corrected.  The system is now processing files and issuing Notifications within normal parameters.

The IRS will re-generate any Notifications that were not issued over the next couple of days and you will receive them via IDES in the normal fashion.

We apologize for any inconvenience this has caused you and appreciate your patience while we resolved the problem.

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