Foreign Account Tax Compliance Tax Compliance Act (FATCA) is implemented in Anguilla through the Tax Information Exchange (International Cooperation)
Act 2016, which serves as the overarching legislation for all forms of exchange of information for tax purposes. Provisions for the FATCA are made by
way of regulations, namely the Foreign Account Tax Compliance Tax Compliance Act (United States of America) Regulations, 2017.
Financial institutions will be required to report information required under FATCA to the Competent Authority via the Anguilla AEOI Portal.
FATCA is implemented in the Anguilla in accordance with the Anguilla /USA intergovernmental agreement (IGA) signed in January 2017. The United States
is a non-participating jurisdiction for CRS purposes. The United States has indicated that it will continue to undertake automatic information exchanges
pursuant to its FATCA IGAs. The FATCA legislative framework in Anguilla will therefore operate parallel to the CRS regime.
