CmaBoardReleases
Back to Search
CMA LAW: Circular No. (3) of 2017 to All Persons Licensed by the Capital Markets Authority Regarding the Notification Issued by the American Internal Revenue Service (IRS) on Version No. 2.0 Concerning the Requirements of FATCA XML Schema
Date Publish
12 January 2017
With reference to the subject above, and the FATCA Agreement between Ministry of Finance (State of Kuwait Government) and U.S. Department of the Treasury (U.S.A. Government), the CMA draws the attention of all licensed persons subject to its supervision, and who are subject to the scope of application of FATCA Law, to the fact that the American Internal Revenue Service (IRS) is about to update FATCA XML Schema version 1.1 to version 2.0. Last day for submitting reports using version 1.1 for the requirements of FATCA XML Schema is Friday January 13, 2017 (at 11:59 am of U.S. Eastern daylight time).
Therefore, we attach the concerned regulations issued by Ministry of Finance.
For any inquiries kindly contact Ministry of Finance on the following email address:
fatca-inquiry@mof.gov.kw
Dr. Nayef Falah Al-Hajraf
Chairman of CMA Board of Commissioners
Issued on: 11/1/2017
Attachments:
- Notification issued by IRS on version 2.0 concerning the requirements of FATCA XML Schema
- Copy of (Issue Number: 2016-24) issued published on the IRS website
Disclaimer: The information provided on this page is for reference purposes only, visitors are encouraged to review and understand the information provided in the official scanned document attached in the link above (if available). The CMA endeavors to ensure that the information on this page is complete and accurate, but the CMA does not guarantee the quality, accuracy, or completeness of any content at any time. In the event the information on this page is different from the content in the official scanned document attached in the link (if available), the official scanned document attached shall take precedence.
