News on FATCA deadline

On 25th March 2020, Internal Revenue Service announced that the deadline for submitting FATCA reports (Form 8966) for Reporting Model 2 FFI and Participating FFI was postponed. The IRS communication has been included in the Reporting section on the page FATCA – FAQs General.

The new deadline for submitting FATCA Form 8966 for the fiscal year 2019 is extended from 31st March 2020 to 15th July 2020. The extension is automatic and does not require FFIs to submit Form 8809-I.