Christmas Island has timely picked the festive holiday to join the Internal Revenue Service (IRS) list of Foreign Account Tax Compliance Act (FATCA) jurisdictions.
The small Indian Ocean outpost has a single financial institution reporting to the IRS.
Interestingly, the FATCA list of financial centres now exceeds the United Nations list of member nations (193) and the number of countries in the world, which stands at 195 or 196 depending on whether Taiwan is included.
Taiwan is not officially recognised as a country by most governments.
FATCA now has 182,649 compliant organisations in 227 financial jurisdictions, an increase of 5,502 over the last list published on December 1, 2015.
The next FATCA list is due for publication by the IRS on January 15, 2016.
Download the list of financial institutions on the FATCA List (Excel csv file)
The FATCA List (Countries A –Z)
Financial Jurisdiction | FATCA registrations |
---|---|
AFGHANISTAN | 13 |
ALAND ISLANDS | 1 |
ALBANIA | 21 |
ALGERIA | 6 |
ANDORRA | 37 |
ANGOLA | 29 |
ANGUILLA | 180 |
ANTIGUA AND BARBUDA | 39 |
ARGENTINA | 602 |
ARMENIA | 36 |
ARUBA | 25 |
AUSTRALIA | 3524 |
AUSTRIA | 3025 |
AZERBAIJAN | 70 |
BAHAMAS | 1123 |
BAHRAIN | 247 |
BANGLADESH | 93 |
BARBADOS | 186 |
BELARUS | 72 |
BELGIUM | 370 |
BELIZE | 316 |
BENIN | 15 |
BERMUDA | 2451 |
BHUTAN | 1 |
BOLIVIA, PLURINATIONAL STATE OF | 42 |
BONAIRE, SINT EUSTATIUS AND SABA | 13 |
BOSNIA AND HERZEGOVINA | 68 |
BOTSWANA | 34 |
BOUVET ISLAND | 3 |
BRAZIL | 5709 |
BRITISH INDIAN OCEAN TERRITORY | 5 |
BRUNEI DARUSSALAM | 29 |
BULGARIA | 190 |
BURKINA FASO | 10 |
BURUNDI | 9 |
CAMBODIA | 97 |
CAMEROON | 18 |
CANADA | 4549 |
CAPE VERDE | 15 |
CAYMAN ISLANDS | 33348 |
CENTRAL AFRICAN REPUBLIC | 5 |
CHAD | 6 |
CHILE | 375 |
CHINA | 1082 |
COLOMBIA | 251 |
COMOROS | 5 |
CONGO | 9 |
CONGO, DEMOCRATIC REPUBLIC OF THE | 18 |
COOK ISLANDS | 147 |
COSTA RICA | 145 |
COTE D'IVOIRE | 36 |
CROATIA | 88 |
CURACAO | 355 |
CYPRUS | 935 |
CZECH REPUBLIC | 258 |
DENMARK | 388 |
DJIBOUTI | 8 |
DOMINICA | 24 |
DOMINICAN REPUBLIC | 124 |
ECUADOR | 43 |
EGYPT | 267 |
EL SALVADOR | 72 |
EQUATORIAL GUINEA | 6 |
ESTONIA | 45 |
ETHIOPIA | 19 |
FALKLAND ISLANDS (MALVINAS) | 1 |
FIJI | 6 |
FINLAND | 745 |
FRANCE | 5090 |
FRENCH POLYNESIA | 4 |
FRENCH SOUTHERN TERRITORIES | 1 |
GABON | 11 |
GAMBIA | 15 |
GEORGIA | 36 |
GERMANY | 4329 |
GHANA | 56 |
GIBRALTAR | 2116 |
GREECE | 167 |
GREENLAND | 3 |
GRENADA | 32 |
GUADELOUPE | 1 |
GUAM | 5 |
GUATEMALA | 86 |
GUERNSEY | 5172 |
GUINEA | 14 |
GUINEA-BISSAU | 1 |
GUYANA | 14 |
HAITI | 22 |
HOLY SEE (VATICAN CITY STATE) | 1 |
HONDURAS | 47 |
HONG KONG | 3227 |
HUNGARY | 375 |
ICELAND | 31 |
INDIA | 910 |
INDONESIA | 527 |
IRAQ | 71 |
IRELAND | 4361 |
ISLE OF MAN | 1056 |
ISRAEL | 804 |
ITALY | 1390 |
JAMAICA | 61 |
JAPAN | 3793 |
JERSEY | 4766 |
JORDAN | 88 |
KAZAKHSTAN | 104 |
KENYA | 85 |
KIRIBATI | 1 |
KOREA, REPUBLIC OF | 1306 |
KUWAIT | 211 |
KYRGYZSTAN | 30 |
LAO PEOPLE'S DEMOCRATIC REPUBLIC | 27 |
LATVIA | 62 |
LEBANON | 164 |
LESOTHO | 7 |
LIBERIA | 77 |
LIBYA | 21 |
LIECHTENSTEIN | 1152 |
LITHUANIA | 99 |
LUXEMBOURG | 8758 |
MACAO | 77 |
MACEDONIA, THE FORMER YUGOSLAV REPUBLIC OF | 26 |
MADAGASCAR | 9 |
MALAWI | 14 |
MALAYSIA | 567 |
MALDIVES | 7 |
MALI | 12 |
MALTA | 978 |
MARSHALL ISLANDS | 141 |
MARTINIQUE | 1 |
MAURITANIA | 16 |
MAURITIUS | 2819 |
MEXICO | 605 |
MICRONESIA, FEDERATED STATES OF | 1 |
MOLDOVA, REPUBLIC OF | 30 |
MONACO | 153 |
MONGOLIA | 26 |
MONTENEGRO | 16 |
MONTSERRAT | 12 |
MOROCCO | 146 |
MOZAMBIQUE | 22 |
MYANMAR | 33 |
NAMIBIA | 47 |
NEPAL | 37 |
NETHERLANDS | 3579 |
NEW CALEDONIA | 5 |
NEW ZEALAND | 1408 |
NICARAGUA | 24 |
NIGER | 8 |
NIGERIA | 109 |
NORTHERN MARIANA ISLANDS | 1 |
NORWAY | 560 |
OMAN | 39 |
OTHER | 961 |
PAKISTAN | 167 |
PALAU | 1 |
PANAMA | 1012 |
PAPUA NEW GUINEA | 8 |
PARAGUAY | 42 |
PERU | 256 |
PHILIPPINES | 236 |
POLAND | 439 |
PORTUGAL | 351 |
PUERTO RICO | 4 |
QATAR | 74 |
REUNION | 1 |
ROMANIA | 138 |
RUSSIAN FEDERATION | 1306 |
RWANDA | 18 |
SAINT KITTS AND NEVIS | 239 |
SAINT LUCIA | 97 |
SAINT MARTIN (FRENCH PART) | 3 |
SAINT PIERRE AND MIQUELON | 2 |
SAINT VINCENT AND THE GRENADINES | 368 |
SAMOA | 62 |
SAN MARINO | 17 |
SAO TOME AND PRINCIPE | 7 |
SAUDI ARABIA | 290 |
SENEGAL | 25 |
SERBIA | 49 |
SEYCHELLES | 228 |
SIERRA LEONE | 10 |
SINGAPORE | 2169 |
SINT MAARTEN (DUTCH PART) | 19 |
SLOVAKIA | 83 |
SLOVENIA | 58 |
SOLOMON ISLANDS | 4 |
SOMALIA | 1 |
SOUTH AFRICA | 807 |
SOUTH SUDAN | 9 |
SPAIN | 1225 |
SRI LANKA | 74 |
SUDAN | 9 |
SURINAME | 11 |
SWAZILAND | 16 |
SWEDEN | 718 |
SWITZERLAND | 5047 |
SYRIAN ARAB REPUBLIC | 1 |
TAIWAN | 884 |
TAJIKISTAN | 33 |
TANZANIA, UNITED REPUBLIC OF | 37 |
THAILAND | 1723 |
TIMOR-LESTE | 4 |
TOGO | 12 |
TONGA | 3 |
TRINIDAD AND TOBAGO | 86 |
TUNISIA | 98 |
TURKEY | 267 |
TURKMENISTAN | 12 |
TURKS AND CAICOS ISLANDS | 76 |
UGANDA | 32 |
UKRAINE | 277 |
UNITED ARAB EMIRATES | 458 |
UNITED KINGDOM | 24454 |
UNITED STATES | 924 |
URUGUAY | 189 |
UZBEKISTAN | 24 |
VANUATU | 13 |
VENEZUELA, BOLIVARIAN REPUBLIC OF | 87 |
VIET NAM | 161 |
VIRGIN ISLANDS (BRITISH) | 6130 |
VIRGIN ISLANDS (U.S.) | 2 |
WALLIS AND FUTUNA | 1 |
WEST BANK AND GAZA | 36 |
YEMEN | 19 |
ZAMBIA | 25 |
ZIMBABWE | 19 |
Grand Total | 177147 |
Source: US Internal Revenue Service
You left out the list of countries with no FATCA IGA and their banks that are not registered for FATCA.
The website is linked from this post.
The really despicable thing is, in IGA countries, the banks are required to register with IRS. What right has the Canadian government to force a bank with no U.S.A. assets to register with I.R.S.? The boundaries of the U.S.A. are the boundaries of the U.S.A.
Then they classify Canadian citizens as “United States persons,” if they are so classified under U.S.A. laws. For example, under Canadian laws they are only Canadian citizens and relinquished their U.S.A. citizenship upon naturalisation, but under U.S.A. laws — which end at the border — they are still U.S.A. citizens. These are people who are no more “American” than U.S. Senator Ted Cruz was a “Canadian” when he learned in 2013 that he was still a citizen there.
Yes I would like to know the Non FATCA banks. We all know the ones that are it’s time to shed some light on the ones that aren’t.