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1099 form

W-9 Form Update From IRS

w-9 formThe new draft of W-9 form and instructions were released by IRS on November 7, 2014.  The main changes affect companies and individuals holding accounts in foreign financial institutions. FATCA requires that foreign financial institutions report all U.S. account holders. The draft of W-9 may not be used until the formal release of the form. It is subject to change due to regulation.

 

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