<h1>India-USA FATCA Agreement: RFIs Must Report U.S. TINs for Pre-Existing Accounts from 2017 or Use Placeholder Letters.</h1> India and the USA signed an Inter-Governmental Agreement under FATCA in 2015, requiring Reporting Financial Institutions (RFIs) to obtain U.S. Tax Identification Numbers (TINs) for pre-existing accounts by January 1, 2017. The U.S. IRS issued guidelines allowing Foreign Financial Institutions (FFIs) to report without U.S. TINs for 2017-2019, provided they meet specific conditions, such as obtaining birth dates and annually requesting missing TINs. Indian RFIs must report U.S. TINs for pre-existing accounts from 2017 onwards or use placeholder letters if TINs are unavailable, ensuring compliance with the IGA requirements.