Tag Archives: Credit Unions

Credit Union Central of Canada: FATCA Deadline Approaches. Details Remain Elusive

Badger posted this under What’s New, but I think an article from Central  Credit Unions of Canada (FATCA Deadline Approaches. Details Remain Elusive) deserves a post of its own. Thanks Badger for this great find.

According to the article, Credit Unions Central of Canada continue to attend periodic briefings with Finance Canada and CRA. Well, that’s certainly more than those of us most directly affected are getting.

They continue to be told negotiations are still underway and that nothing will be announced until 2014 (Again, that’s a bit better answer than the “soon” we have been receiving for over a year.)

Based on “well-informed predictions” of Canadian officials (would be nice if they would tell us too!): Continue reading