Section 579 Implementation (Taxation of U.S. Foreign Assistance) - Guidance Text

What's New

• General
• Changes to the Existing Section 579 Guidance:
  
  

  1. Elimination of Requirement to Collect Data on FY 2002 and Prior Year Funds
  2. “Waivers” of the Statutory Requirement to Withhold U.S. Assistance
  3. Availability of Withheld Funds for Reprogramming
  4. Using Estimates of Taxes and Reimbursements
  5. Exemptions to Final FY 2003 Report

FY 2003 Report Revised Guidance

I. Basic Legal Framework

II. Implementation Procedures for Collection of Data for FY 2003 Report

III. Notification of Foreign Governments and Program Implementors

IV. FY 2003 Reporting Requirements

V. Reimbursement of Funds

VI. Waiver Provisions

VII. Noteworthy Points Relevant to Implementation

• New or Updated Points
• Points from Original Guidance

VIII. Documentation Requirements: New and Amendments to Existing Bilateral Agreements Covering Assistance

IX. Documentation Requirements: Contracts, Grants and Other Agreements