Foreign Account Tax Compliance Act

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.

Scroll down below the Table of FATCA Agreements and Understandings by Jurisdiction to find a list of Model Intergovernmental Agreements and assorted additional statements related to FATCA and its implementation.  

FATCA Agreements and Understandings by Jurisdiction

 ​Jurisdiction​StatusJurisdiction ​Status ​Intergovernmental Agreement (IGA) & Related Agreements, Arrangements, or CorrectionUnderstandingsDate 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
 ​AnguillaIn Force (6-22-2017)Model 1​6-30-2014
 ​Antigua and Barbuda​In Force (6-7-2017)Model 1​6-30-2014
 ArgentinaIn Force (1-1-2023)Model 1Understanding1-1-2023
 ​ArmeniaIn Force (7-7-2019)Model 2​6-30-2014
 ​Australia​In Force (6-30-2014)​Model 1Understanding​6-30-2014
 ​Austria​In Force (12-9-2014)​Model 2Understanding​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 2Understanding​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​In Force (2-7-2024)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 1
Related Agreement 2
​6-30-2014
 ​Cayman Islands​In Force (7-1-2014)Model 1​6-30-2014
 ​Chile​SignedModel 2Understanding​​6-30-2014
 ​China​Agreement in Substance​Model 1​6-30-2014
 ​Colombia​In Force (8-27-2015)Model 1Understanding​6-30-2014
 ​Costa RicaIn Force (7-8-2019)Model 1
Related Agreement 1
Related Agreement 2
​​6-30-2014
3-20-2019
8-24-2020
 ​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 1Understanding​6-30-2014
 ​Czech Republic​In Force (12-18-2014)​Model 1Understanding​6-30-2014
 ​Denmark​In Force (9-30-2015)Model 1​6-30-2014
 DominicaIn 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 1Understanding​6-30-2014
 ​France​In Force (10-14-2014)Model 1Understanding​6-30-2014
 ​Georgia​In Force (9-18-2015)Model 1​6-30-2014
 ​Germany​In Force (12-11-2013)​Model 1Understanding​6-30-2014
 ​Gibraltar​In Force (9-17-2015)Model 1​6-30-2014
 ​Greece​​In Force (12-13-2017)Model 1Understanding​11-30-2014
 ​GreenlandIn Force (11-30-2018)Model 1​​​6-30-2014
 ​GrenadaIn 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 111-30-2014
 ​Honduras​In Force (2-19-2015)Model 1​6-30-2014
 ​Hong Kong​In Force (7-6-2016)Model 2Understanding​​6-30-2014
 ​Hungary​In Force (7-16-2014)​Model 1

Understanding 1

Understanding 2

​6-30-2014
 ​Iceland​In Force (9-22-2015)​Model 1Understanding11-30-2014
 ​India​In Force (8-31-2015)Model 1Understanding​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
 ​KazakhstanIn Force (4-5-2022)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 1Understanding​6-30-2014
 ​Liechtenstein​In Force (1-22-2015)​Model 1Understanding​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​In Force (7-30-2021)​Model 2​11-30-2014
 ​Malaysia​In Force (10-3-2022)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
Related Agreement 
Understanding​6-30-2014
 ​New Zealand​In Force (7-3-2014)Model 1Understanding​6-30-2014
 ​Nicaragua​​Agreement in Substance​Model 2​6-30-2014
 ​Norway​In Force (1-27-2014)​Model 1Understanding​6-30-2014
 ​PanamaIn 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 1Understanding​6-30-2014
 ​Romania​In Force (11-3-2015)​Model 1​6-30-2014
 ​San Marino​In Force (8-30-2016)Model 2Understanding​6-30-2014
 ​Saudi Arabia​In Force (2-28-2017)Model 1​Understanding​6-30-2014
 ​SerbiaIn Force (1-8-2020)Model 1​6-30-2014
 ​Seychelles​SignedModel 1​​6-30-2014
 ​Singapore

​Superseded
(in force 3-28-2015 to 12-31-2020)

In Force (1-1-2021)

​Model 1

Superseding Model 1

​6-30-2014
 ​Slovak Republic​In Force (11-9-2015)​Model 1Understanding​6-30-2014
 ​Slovenia​In Force (7-1-2014)Model 1​6-30-2014
 ​South Africa​In Force (10-28-2014)​Model 1Understanding​6-30-2014
 ​South Korea​In Force (9-8-2016)​Model 1Understanding​6-30-2014
 ​Spain​In Force (12-9-2013)

​Model 1

Related Agreement

​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 1Understanding​6-30-2014
 ​Switzerland

Model 2 – In Force (6-2-2014)

Model 1 – Signed

Model 2 
Related Agreement 1 
(Model 2)
Correction 1 
(Model 2)
Related Agreement 2 
(Model 2)
Correction 2 
(Model 2)
Model 1
Understanding 
(Model 2)
Understanding 2
(Model 2)
Understanding 3​
(Model 2)
Understanding 
(Model 1)
​6-30-2014
 ​Taiwan*​​SignedModel 2​​6-30-2014
 ​Thailand​In Force (4-29-2024)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​In Force (6-14-2021)Model 1Understanding​6-30-2014
 ​TurkmenistanIn 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 1Understanding​6-30-2014
 ​United Kingdom​In Force (8-11-2014)​Model 1 
Related Agreement 1 
Related Agreement 2
​6-30-2014
 ​UzbekistanIn Force (7-7-2017)Model 1​6-30-2014
 ​Vietnam​In Force (7-7-2016)​Model 1Understanding7-7-2016
 ​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:

Model Agreements for Jurisdictions that Reached an Agreement in Substance on or after July 1, 2014:

 

Additional FATCA Statements

Joint Statements:

 

Notification of More Favorable Terms: