KAS Focus on FATCA

In KAS Focus we keep our clients abreast of current developments in the markets and in KAS BANK's service provision. In this edition of KAS Focus you will find information on the registration process and the Intergovernmental Agreement (IGA) in the context of the introduction of the US ‘Foreign Account Tax Compliant Act’ (FATCA) as of 1 January 2014. We also give you the time lines for the implementation of FATCA.


  • The Global Intermediary Identification Number can also be requested electronically from 19 August 2013.
  • Obtaining a GIIN is an important step towards mitigating the 30% FATCA withholding.
  • The Netherlands also plans to conclude an IGA (model 1) with the United States.

Read our KAS Focus on FATCA.