close
Share with your friends

United States: FATCA certification submissions extended to 15 December 2020 (COVID-19)

United States: FATCA certification submissions extended

The IRS today updated a list of “frequently asked questions” (FAQs) concerning FATCA and specifically adding an FAQ that extends the due date—to 15 December 2020—for an entity with a FATCA certification due date of 1 July 2020 to submit a FATCA certification. The extension of time is provided as a relief measure in response to the coronavirus (COVID-19) pandemic.

1000

Related content

The newly added FAQ—added 29 April 2020 under the topic “FATCA Certifications”—is as follows:

Q21. Due to the COVID-19 virus, will an entity with a FATCA certification due date of July 1, 2020 be granted an automatic extension of time to submit the certification to the IRS?

Yes. In response to disruptions related to the COVID-19 virus, the IRS will grant an automatic extension of time to submit a FATCA certification for an entity with a certification due date of July 1, 2020.  FATCA certifications that are due on July 1, 2020 will be extended to December 15, 2020, without the need to file an extension request with the IRS.  The new due date will automatically show on the FATCA registration system.

Read the FAQs on the IRS website.

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal