Germany Publishes FATCA Infobrief for Start of Filing Season

June 20, 2017 Tom Hospod

The German BZSt (Tax Office) has published an Infobrief to address some final matters before the start of this year’s FATCA filing season.

The BZSt online portal will be available for FATCA transmittals beginning on June 19. Both mass data interface (ELMA) and manual data entry will be operational from this date forward. However, the portal will not provide processing protocols until June 28. The ELMA mass data interface test environment is still available independently of the production environment.

BZSt has also made certain modifications and revisions to the FATCA Communication Manual, Processing Protocols, and Data Schema, which will be effective for this filing season.

The post Germany Publishes FATCA Infobrief for Start of Filing Season appeared first on Sovos.

About the Author

Tom Hospod

Tom Hospod is a member of the Tax Research Team for the Direct Tax division at Sovos Compliance, where his main areas of focus are Tax Withholding and Automatic Exchange of Information (AEOI). Prior to Sovos, Tom worked as a legislative aide in the Massachusetts House of Representatives. He also has experience in securities law—focusing on broker-dealer disputes and representing clients in FINRA arbitration. Tom is a member of the Massachusetts Bar, earned his B.A. from Boston College and his J.D. from the University of Miami.

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