FATCA News and Information

Internal Revenue Service (IRS) sent this bulletin at 07/28/2015 05:27 PM EDT

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FATCA News & Information July 28th, 2015

 

 

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Issue Number:  2015-25

Inside This Issue


  1. Update!  FATCA XML Schema Prohibited Characters
  2. Updated! IDES Technical FAQs
1.  Update!  FATCA XML Schema Characters Restrictions

There is an error in the FATCA XML Schema Best Practices web page related to the inclusion of entity references in FATCA XML documents.  To prevent file error notifications, review the guidelines and characters described in the FATCA XML Schema Best Practices web page. Also review the corrected FATCA IDES Technical FAQs C16. The FATCA XML schema reference documents will be updated to include these restrictions.

 
We apologize for the inconvenience this issue causes and appreciate the information provided by several filers that allowed us to identify this issue and initiate corrective actions.  If you identify unexpected problems in FATCA reporting information, contact us via the IDES Technical FAQ page.

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2.  Update!  IDES Frequently Asked Questions (FAQs)

Several FATCA IDES frequently asked questions (FAQs) have been added and updated on IRS.gov. The FATCA IDES Technical FAQs are focused on IDES technical issues such as data transmission and security.

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