Isle of Man: Industry advisory notice, FATCA reporting | KPMG | GLOBAL

Isle of Man: Industry advisory notice related to FATCA reporting

Isle of Man: Industry advisory notice, FATCA reporting

The Isle of Man’s income tax division issued an industry advisory notice to Isle of Man financial institutions, sponsors, and certain third parties, which that provides information regarding the recently changed IRS rules concerning the non-alphanumeric characters that are allowed to be used in the ‘DocRefId’ elements of a U.S. FATCA report.

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Read a June 2018 report [PDF 62 KB] prepared by the KPMG member firm on the Isle of Man

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