Foreign Account Tax Compliance Act (FATCA)
FATCA was enacted in 2010 by Congress to target non-compliance by U.S. taxpayers using foreign accounts. FATCA requires foreign financial institutions (FFIs) to report to the IRS information about financial accounts held by U.S. taxpayers, or by foreign entities in which U.S. taxpayers hold a substantial ownership interest. FFIs are encouraged to either directly register with the IRS to comply with the FATCA regulations (and FFI agreement, if applicable) or comply with the FATCA Intergovernmental Agreements (IGA) treated as in effect in their jurisdictions. For access to the FATCA regulations and administrative guidance related to FATCA and to learn about taxpayer obligations please visit the Internal Revenue Service FATCA Page.
Additional FATCA Statements, Notifications of More Favorable Terms and Press Releases
By Date
| Jurisdiction | Status | Jurisdiction Status Intergovernmental Agreement (IGA) & Related Agreements, Arrangements, or Correction | Understandings | Date Jurisdiction is Treated as having an IGA in Effect |
|---|---|---|---|---|
| Algeria | In Force (1-18-2017) | Model 1 | 6-30-2014 | |
| Angola | In Force (10-2-2017) | Model 1 | 11-30-2014 | |
| Anguilla | In Force (6-22-2017) | Model 1 | 6-30-2014 | |
| Antigua and Barbuda | In Force (6-7-2017) | Model 1 | 6-30-2014 | |
| Armenia | In Force (7-7-2019) | Model 2 | 6-30-2014 | |
| Australia | In Force (6-30-2014) | Model 1 | Understanding | 6-30-2014 |
| Austria | In Force (12-9-2014) | Model 2 | Understanding | 6-30-2014 |
| Azerbaijan | In Force (11-5-2015) | Model 1 | 6-30-2014 | |
| Bahamas | In Force (9-17-2015) | Model 1 Correction | 6-30-2014 | |
| Bahrain | In Force (3-5-2018) | Model 1 | 6-30-2014 | |
| Barbados | In Force (9-25-2015) | Model 1 Correction | 6-30-2014 | |
| Belarus | In Force (7-29-2015) | Model 1 | 6-30-2014 | |
| Belgium | In Force (12-23-2016) | Model 1 Related Agreement | Understanding | 6-30-2014 |
| Bermuda | In Force (8-19-2014) | Model 2 | Understanding | 6-30-2014 |
| Brazil | In Force (6-26-2015) | Model 1 | 6-30-2014 | |
| British Virgin Islands | In Force (7-13-2015) | Model 1 | 6-30-2014 | |
| Bulgaria | In Force (6-30-2015) | Model 1 | 6-30-2014 | |
| Cabo Verde | Agreement in Substance | Model 1 | 6-30-2014 | |
| Cambodia | In Force (12-23-2016) | Model 1 | 11-30-2014 | |
| Canada | In Force (6-27-2014) | Model 1 Related Agreement | 6-30-2014 | |
| Cayman Islands | In Force (7-1-2014) | Model 1 | 6-30-2014 | |
| Chile | Signed | Model 2 | Understanding | 6-30-2014 |
| China | Agreement in Substance | Model 1 | 6-30-2014 | |
| Colombia | In Force (8-27-2015) | Model 1 | Understanding | 6-30-2014 |
| Costa Rica | In Force (7-8-2019) | Model 1 | 6-30-2014 | |
| Croatia | In Force (12-27-2016) | Model 1 Related Agreement | 6-30-2014 | |
| Curaçao | In Force (8-3-2016) | Model 1 Related Agreement | 6-30-2014 | |
| Cyprus | In Force (9-21-2015) | Model 1 | Understanding | 6-30-2014 |
| Czech Republic | In Force (12-18-2014) | Model 1 | Understanding | 6-30-2014 |
| Denmark | In Force (9-30-2015) | Model 1 | 6-30-2014 | |
| Dominica | In Force (8-12-2019) | Model 1 | 6-30-2014 | |
| Dominican Republic | In Force (7-17-2019) | Model 1 | 6-30-2014 | |
| Estonia | In Force (7-9-2014) | Model 1 | 6-30-2014 | |
| Finland | In Force (2-20-2015) | Model 1 | Understanding | 6-30-2014 |
| France | In Force (10-14-2014) | Model 1 | Understanding | 6-30-2014 |
| Georgia | In Force (9-18-2015) | Model 1 | 6-30-2014 | |
| Germany | In Force (12-11-2013) | Model 1 | Understanding | 6-30-2014 |
| Gibraltar | In Force (9-17-2015) | Model 1 | 6-30-2014 | |
| Greece | In Force (12-13-2017) | Model 1 | Understanding | 11-30-2014 |
| Greenland | In Force (11-30-2018) | Model 1 | 6-30-2014 | |
| Grenada | In Force (4-6-2018) | Model 1 | 6-30-2014 | |
| Guernsey | In Force (8-26-2015) | Model 1 | 6-30-2014 | |
| Guyana | In Force (9-29-2017) | Model 1 | 6-30-2014 | |
| Haiti | Agreement in Substance | Model 1 | 6-30-2014 | |
| Holy See | In Force (6-10-2015) | Model 1 | 11-30-2014 | |
| Honduras | In Force (2-19-2015) | Model 1 | 6-30-2014 | |
| Hong Kong | In Force (7-6-2016) | Model 2 | Understanding | 6-30-2014 |
| Hungary | In Force (7-16-2014) | Model 1 | Understanding | 6-30-2014 |
| Iceland | In Force (9-22-2015) | Model 1 | Understanding | 11-30-2014 |
| India | In Force (8-31-2015) | Model 1 | Understanding | 6-30-2014 |
| Indonesia | Agreement in Substance | Model 1 | 6-30-2014 | |
| Iraq | Agreement in Substance | Model 2 | 6-30-2014 | |
| Ireland | In Force (4-2-2014) | Model 1 Related Agreement | 6-30-2014 | |
| Isle of Man | In Force (8-26-2015) | Model 1 | 6-30-2014 | |
| Israel | In Force (8-29-2016) | Model 1 Related Agreement | Understanding | 6-30-2014 |
| Italy | In Force (8-17-2015) | Model 1 | 6-30-2014 | |
| Jamaica | In Force (9-24-2015) | Model 1 | 6-30-2014 | |
| Japan | In Effect (6-11-2013) | Model 2 Related Arrangement | 6-30-2014 | |
| Jersey | In Force (10-28-2015) | Model 1 | 6-30-2014 | |
| Kazakhstan | Signed | Model 1 | 11-30-2014 | |
| Kosovo | In Force (11-4-2015) | Model 1 | 6-30-2014 | |
| Kuwait | In Force (1-28-2016) | Model 1 | 6-30-2014 | |
| Latvia | In Force (12-15-2014) | Model 1 | Understanding | 6-30-2014 |
| Liechtenstein | In Force (1-22-2015) | Model 1 | Understanding | 6-30-2014 |
| Lithuania | In Force (10-7-2014) | Model 1 | 6-30-2014 | |
| Luxembourg | In Force (7-29-2015) | Model 1 Related Agreement | Understanding | 6-30-2014 |
| Macao | Signed | Model 2 | 11-30-2014 | |
| Malaysia | Agreement in Substance | Model 1 | 6-30-2014 | |
| Malta | In Force (6-26-2014) | Model 1 | 6-30-2014 | |
| Mauritius | In Force (8-29-2014) | Model 1 | 6-30-2014 | |
| Mexico | In Force (4-10-2014) | Model 1 | 6-30-2014 | |
| Moldova | In Force (1-21-2016) | Model 2 | 6-30-2014 | |
| Montenegro | In Force (3-28-2018) | Model 1 | 6-30-2014 | |
| Montserrat | In Force (10-28-2016) | Model 1 | 11-30-2014 | |
| Netherlands | In Force (4-9-2015) | Model 1 | Understanding | 6-30-2014 |
| New Zealand | In Force (7-3-2014) | Model 1 | Understanding | 6-30-2014 |
| Nicaragua | Agreement in Substance | Model 2 | 6-30-2014 | |
| Norway | In Force (1-27-2014) | Model 1 | Understanding | 6-30-2014 |
| Panama | In Force (10-25-2016) | Model 1 | 6-30-2014 | |
| Paraguay | Agreement in Substance | Model 2 | 6-30-2014 | |
| Peru | Agreement in Substance | Model 1 | 6-30-2014 | |
| Philippines | Signed | Model 1 | 11-30-2014 | |
| Poland | In Force (7-1-2015) | Model 1 Correction | Understanding | 6-30-2014 |
| Portugal | In Force (8-10-2016) | Model 1 | 6-30-2014 | |
| Qatar | In Force (6-23-2015) | Model 1 | Understanding | 6-30-2014 |
| Romania | In Force (11-3-2015) | Model 1 | 6-30-2014 | |
| San Marino | In Force (8-30-2016) | Model 2 | Understanding | 6-30-2014 |
| Saudi Arabia | In Force (2-28-2017) | Model 1 | Understanding | 6-30-2014 |
| Serbia | Signed | Model 1 | 6-30-2014 | |
| Seychelles | Signed | Model 1 | 6-30-2014 | |
| Singapore | In Force (3-28-2015) Signed | Model 1 Superseding Model 1 | 6-30-2014 | |
| Slovak Republic | In Force (11-9-2015) | Model 1 | Understanding | 6-30-2014 |
| Slovenia | In Force (7-1-2014) | Model 1 | 6-30-2014 | |
| South Africa | In Force (10-28-2014) | Model 1 | Understanding | 6-30-2014 |
| South Korea | In Force (9-8-2016) | Model 1 | Understanding | 6-30-2014 |
| Spain | In Force (12-9-2013) | Model 1 | 6-30-2014 | |
| St. Kitts and Nevis | In Force (4-28-2016) | Model 1 | 6-30-2014 | |
| St. Lucia | In Force (9-1-2016) | Model 1 | 6-30-2014 | |
| St. Vincent and the Grenadines | In Force (5-13-2016) | Model 1 | 6-30-2014 | |
| Sweden | In Force (3-1-2015) | Model 1 | Understanding | 6-30-2014 |
| Switzerland | In Force (6-2-2014) | Model 2 Related Agreement 1 Correction 1 Related Agreement 2 Correction 2 | Understanding 1 Understanding 2 Understanding 3 | 6-30-2014 |
| Taiwan* | Signed | Model 2 | 6-30-2014 | |
| Thailand | Signed | Model 1 | 6-30-2014 | |
| Trinidad and Tobago | In Force (9-22-2017) | Model 1 | 11-30-2014 | |
| Tunisia | In Force (9-9-2019) | Model 1 | 11-30-2014 | |
| Turkey | Signed | Model 1 | Understanding | 6-30-2014 |
| Turkmenistan | In Force (11-6-2017) | Model 1 | 6-30-2014 | |
| Turks and Caicos Islands | In Force (7-25-2016) | Model 1 | 6-30-2014 | |
| Ukraine | In Force (11-18-2019) | Model 1 | 6-30-2014 | |
| United Arab Emirates | In Force (2-19-2016) | Model 1 | Understanding | 6-30-2014 |
| United Kingdom | In Force (8-11-2014) | Model 1 Related Agreement 1 Related Agreement 2 | 6-30-2014 | |
| Uzbekistan | In Force (7-7-2017) | Model 1 | 6-30-2014 | |
| Vietnam | In Force (7-7-2016) | Model 1 | Understanding | 7-7-2016 |
| TOTAL JURISDICTIONS | 113 |
*Consistent with the Taiwan Relations Act, the parties to the agreement are the American Institute in Taiwan and the Taipei Economic and Cultural Representative Office in the United States.
Model Intergovernmental Agreements
Following the enactment of FATCA, Treasury published the Model Intergovernmental Agreement to Improve Tax Compliance and to Implement FATCA.
Model Agreements for Jurisdictions that Reached an Agreement in Substance on or before June 30, 2014:
- Reciprocal Model 1A Agreement, Preexisting TIEA or DTC (updated 6-6-2014)
- Nonreciprocal Model 1B Agreement, Preexisting TIEA or DTC (updated 6-6-2014)
- Nonreciprocal Model 1B Agreement, No TIEA or DTC (updated 6-6-2014)
- Model 2 Agreement, Preexisting TIEA or DTC (updated 6-6-2014)
- Model 2 Agreement, No TIEA or DTC (updated 6-6-2014)
- Annex I to Model 1 Agreement (updated 6-6-2014)
- Annex I to Model 2 Agreement (updated 6-6-2014)
- Annex II to Model 1 Agreement (updated 11-4-2013)
- Annex II to Model 2 Agreement (updated 11-4-2013)
Model Agreements for Jurisdictions that Reached an Agreement in Substance on or after July 1, 2014:
- Reciprocal Model 1A Agreement, Preexisting TIEA or DTC (updated 11-30-2014)
- Nonreciprocal Model 1B Agreement, Preexisting TIEA or DTC (updated 11-30-2014)
- Nonreciprocal Model 1B Agreement, No TIEA or DTC (updated 11-30-2014)
- Model 2 Agreement, Preexisting TIEA or DTC (updated 11-30-2014)
- Model 2 Agreement, No TIEA or DTC (updated 11-30-2014)
- Annex I to Model 1 Agreement (updated 11-30-2014)
- Annex I to Model 2 Agreement (updated 11-30-2014)
- Annex II to Model 1 Agreement (updated 11-30-2014)
- Annex II to Model 2 Agreement (updated 11-30-2014)
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