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William Byrnes (Texas A&M) tax & compliance articles

How Many Countries and Jurisdictions May Have “Foreign” Financial Institutions That May Need to Register for FATCA?

Posted by William Byrnes on June 17, 2014


As mentioned in the June 8th article, the USA recognizes 196 independent states in the world (the IRS recognizes the State of Palestine according to the FATCA GIIN list, otherwise the State Department only recognizes 195), 67 dependencies of states, and has contacts with Taiwan.  But 14 of the dependencies are administered by the United States.  So with Taiwan and Palestine counted, but exempting the US dependent Islands, 54 jurisdictions have financial institutions that are subject to FATCA registration.  Thus, the total is 250.

I list below all the countries and jurisdictions recognized by the US State Department (but for Palestine which is not on the US State Department list).

STATES

Short-form name Long-form name
Afghanistan *+ Islamic Republic of Afghanistan
Albania *+ Republic of Albania
Algeria *+ People’s Democratic Republic of Algeria
Andorra *+ Principality of Andorra
Angola *+ Republic of Angola
Antigua and
Barbuda *+
Antiqua and Barbuda
Argentina *+ Argentine Republic
Armenia *+ Republic of Armenia
Australia *+ Commonwealth of Australia
Austria *+ Republic of Austria
Azerbaijan *+ Republic of Azerbaijan
Bahamas, The *+ Commonwealth
of The Bahamas
Bahrain *+ Kingdom of Bahrain
Bangladesh *+ People’s Republic
of Bangladesh
Barbados *+ Barbados
Belarus *+ Republic of Belarus
Belgium *+ Kingdom of Belgium
Belize *+ Belize
Benin *+ Republic of Benin
Bhutan + Kingdom of Bhutan
Bolivia *+ Plurinational State of Bolivia
Bosnia and
Herzegovina *+
Bosnia and Herzegovina
Botswana *+ Republic of Botswana
Brazil *+ Federative Republic of Brazil
Brunei *+ Brunei Darussalam
Bulgaria *+ Republic of Bulgaria
Burkina Faso *+ Burkina Faso
Burma *+ Union of Burma
Burundi *+ Republic of Burundi
Cabo Verde *+ ! Republic of Cabo Verde
Cambodia *+ Kingdom of Cambodia
Cameroon *+ Republic of Cameroon
Canada *+ Canada
Central
African Republic *+
Central African Republic
Chad *+ Republic of Chad
Chile *+ Republic of Chile
China *+ (see note 3) People’s Republic of China
Colombia *+ Republic of Colombia
Comoros *+ Union of the Comoros
Congo (Brazzaville) *+
(see note 4)
Republic of the Congo
Congo (Kinshasa) *+
(see note 4)
Democratic Republic
of the Congo
Costa Rica *+ Republic of Costa Rica
Côte d’Ivoire *+ Republic of Côte d’Ivoire
Croatia *+ Republic of Croatia
Cuba + Republic of Cuba
Cyprus *+ Republic of Cyprus
Czech Republic *+ Czech Republic
Denmark *+ Kingdom of Denmark
Djibouti *+ Republic of Djibouti
Dominica *+ Commonwealth of Dominica
Dominican Republic *+ Dominican Republic
Ecuador *+ Republic of Ecuador
Egypt *+ Arab Republic of Egypt
El Salvador *+ Republic of El Salvador
Equatorial Guinea *+ Republic of Equatorial Guinea
Eritrea *+ State of Eritrea
Estonia *+ Republic of Estonia
Ethiopia *+ Federal Democratic
Republic of Ethiopia
Fiji *+ Republic of Fiji
Finland *+ Republic of Finland
France *+ French Republic
Gabon *+ Gabonese Republic
Gambia, The *+ Republic of The Gambia
Georgia *+ Georgia
Germany *+ Federal Republic of Germany
Ghana *+ Republic of Ghana
Greece *+ Hellenic Republic
Grenada *+ Grenada
Guatemala *+ Republic of Guatemala
Guinea *+ Republic of Guinea
Guinea-Bissau *+ Republic of Guinea-Bissau
Guyana *+ Co-operative Republic of Guyana
Haiti *+ Republic of Haiti
Holy See * Holy See
Honduras *+ Republic of Honduras
Hungary *+ Hungary
Iceland *+ Republic of Iceland
India *+ Republic of India
Indonesia *+ Republic of Indonesia
Iran + Islamic Republic of Iran
Iraq *+ Republic of Iraq
Ireland *+ Ireland
Israel *+ State of Israel
Italy *+ Italian Republic
Jamaica *+ Jamaica
Japan *+ Japan
Jordan *+ Hashemite
Kingdom of Jordan
Kazakhstan *+ Republic of Kazakhstan
Kenya *+ Republic of Kenya
Kiribati *+ Republic of Kiribati
Korea, North + Democratic People’s Republic of Korea
Korea, South *+ Republic of Korea
Kosovo * Republic of Kosovo
Kuwait *+ State of Kuwait
Kyrgyzstan *+ Kyrgyz Republic
Laos *+ Lao People’s
Democratic Republic
Latvia *+ Republic of Latvia
Lebanon *+ Lebanese Republic
Lesotho *+ Kingdom of Lesotho
Liberia *+ Republic of Liberia
Libya *+ Libya
Liechtenstein *+ Principality of Liechtenstein
Lithuania *+ Republic of Lithuania
Luxembourg *+ Grand Duchy of Luxembourg
Macedonia *+ Republic of Macedonia
Madagascar *+ Republic of Madagascar
Malawi *+ Republic of Malawi
Malaysia *+ Malaysia
Maldives *+ Republic of Maldives
Mali *+ Republic of Mali
Malta *+ Republic of Malta
Marshall Islands *+ Republic of the
Marshall Islands
Mauritania *+ Islamic Republic
of Mauritania
Mauritius *+ Republic of Mauritius
Mexico *+ United Mexican States
Micronesia,
Federated States of *+
Federated States
of Micronesia
Moldova *+ Republic of Moldova
Monaco *+ Principality of Monaco
Mongolia *+ Mongolia
Montenegro *+ Montenegro
Morocco *+ Kingdom of Morocco
Mozambique *+ Republic of Mozambique
Namibia *+ Republic of Namibia
Nauru *+ Republic of Nauru
Nepal *+ Federal Democratic Republic of Nepal
Netherlands *+ Kingdom of the Netherlands
New Zealand *+ New Zealand
Nicaragua *+ Republic of Nicaragua
Niger *+ Republic of Niger
Nigeria *+ Federal Republic of Nigeria
Norway *+ Kingdom of Norway
Oman *+ Sultanate of Oman
Pakistan *+ Islamic Republic of Pakistan
Palau *+ Republic of Palau
Panama *+ Republic of Panama
Papua New Guinea *+ Independent State
of Papua New Guinea
Paraguay *+ Republic of Paraguay
Peru *+ Republic of Peru
Philippines *+ Republic of the Philippines
Poland *+ Republic of Poland
Portugal *+ Portuguese Republic
Qatar *+ State of Qatar
Romania *+ Romania
Russia *+ Russian Federation
Rwanda *+ Republic of Rwanda
Saint Kitts and Nevis *+ Federation of Saint
Kitts and Nevis
Saint Lucia *+ Saint Lucia
Saint Vincent and
the Grenadines *+
Saint Vincent and the Grenadines
Samoa *+ Independent State of Samoa
San Marino *+ Republic of San Marino
Sao Tome and Principe *+ Democratic Republic of
Sao Tome and Principe
Saudi Arabia *+ Kingdom of Saudi Arabia
Senegal *+ Republic of Senegal
Serbia *+ Republic of Serbia
Seychelles *+ Republic of Seychelles
Sierra Leone *+ Republic of Sierra Leone
Singapore *+ Republic of Singapore
Slovakia *+ Slovak Republic
Slovenia *+ Republic of Slovenia
Solomon Islands *+ Solomon Islands
Somalia *+ ! Federal Republic of Somalia
South Africa *+ Republic of South Africa
South Sudan *+ Republic of South Sudan
Spain *+ Kingdom of Spain
Sri Lanka *+ Democratic Socialist
Republic of Sri Lanka
Sudan *+ Republic of the Sudan
Suriname *+ Republic of Suriname
Swaziland *+ Kingdom of Swaziland
Sweden *+ Kingdom of Sweden
Switzerland *+ Swiss Confederation
Syria *+ Syrian Arab Republic
Tajikistan *+ Republic of Tajikistan
Tanzania *+ United Republic of Tanzania
Thailand *+ Kingdom of Thailand
Timor-Leste *+ Democratic Republic of Timor-Leste
Togo *+ Togolese Republic
Tonga *+ Kingdom of Tonga
Trinidad and Tobago *+ Republic of
Trinidad and Tobago
Tunisia *+ Tunisian Republic
Turkey *+ Republic of Turkey
Turkmenistan *+ Turkmenistan
Tuvalu *+ Tuvalu
Uganda *+ Republic of Uganda
Ukraine *+ Ukraine
United Arab Emirates *+ United Arab Emirates
United Kingdom *+ United Kingdom of Great Britain and Northern Ireland
United States + United States of America
Uruguay *+ Oriental Republic of Uruguay
Uzbekistan *+ Republic of Uzbekistan
Vanuatu *+ Republic of Vanuatu
Venezuela *+ Bolivarian Republic of Venezuela
Vietnam *+ Socialist Republic of Vietnam
Yemen *+ Republic of Yemen
Zambia *+ Republic of Zambia
Zimbabwe *+ Republic of Zimbabwe

OTHER

Short-form name Long-form name
Taiwan (see note 6) (no long-form name)

 

 

Short-form name Long-form name Sovereignty Administrative Center
Akrotiri (see note 15) Akrotiri United Kingdom Episkopi (see note 16)
American Samoa Territory of
American Samoa
United States Pago Pago
Anguilla Anguilla United Kingdom The Valley
Antarctica (no long-form name) None
(see note 2)
None
Aruba (no long-form name) Netherlands Oranjestad
Ashmore and Cartier Islands Territory of Ashmore
and Cartier Islands
Australia Administered
from Canberra
Baker Island (no long-form name) United States Administered from Washington, D.C.
Bermuda Bermuda United Kingdom Hamilton
Bouvet Island (no long-form name) Norway Admin. from Oslo
British Indian
Ocean Territory
(see note 3)
British Indian
Ocean Territory
United Kingdom None
Cayman Islands Cayman Islands United Kingdom George Town
Christmas Island Territory of
Christmas Island
Australia The Settlement
(Flying Fish Cove)
Clipperton Island (no long-form name) France Administered from Paris
Cocos
(Keeling) Islands
Territory of Cocos (Keeling) Islands Australia West Island
Cook Islands (no long-form name) New Zealand Avarua
Coral Sea Islands Coral Sea
Islands Territory
Australia Administered
from Canberra
Curaçao
(see note 11)
(no long-form name) Netherlands Willemstad
Dhekelia (see note 15) Dhekelia United Kingdom Episkopi (see note 16)
Falkland Islands (Islas Malvinas) Falkland Islands (Islas Malvinas) United
Kingdom
(see note 4)
Stanley
Faroe Islands (no long-form name) Denmark Tórshavn
French Guiana
(see note 5)
French Polynesia (no long-form name) France Papeete
French
Southern and
Antarctic Lands
(see note 6)
(no long-form name) France Administered
from Paris
Gibraltar Gibraltar United Kingdom Gibraltar
Greenland (no long-form name) Denmark Nuuk (Godthåb)
Guadeloupe
(see note 5)
Guam Territory of Guam United States Hagatna
Guernsey
(see note 7)
Bailiwick of Guernsey British Crown Dependency Saint Peter Port
Heard Island and McDonald Islands Territory of
Heard Island
and McDonald Islands
Australia Administered
from Canberra
Hong Kong Hong Kong Special Administrative Region China
(see note 8)
None
Howland Island (no long-form name) United States Administered from Washington, D.C.
Isle of Man (no long-form name) British
Crown Dependency
Douglas
Jan Mayen (no long-form name) Norway Administered
from Oslo
(see note 9)
Jarvis Island (no long-form name) United States Administered from Washington, D.C.
Jersey Bailiwick of Jersey British Crown Dependency Saint Helier
Johnston Atoll (no long-form name) United States Administered from Washington, D.C.
Kingman Reef (no long-form name) United States Administered from Washington, D.C.
Macau Macau Special Administrative Region China
(see note 10)
Macau
Martinique
(see note 5)
! Mayotte
(see note 5)
Midway Islands (no long-form name) United States Administered from Washington, D.C.
Montserrat Montserrat United Kingdom Plymouth
Navassa Island (no long-form name) United States Administered from Washington, D.C.
New Caledonia (no long-form name) France Nouméa
Niue (no long-form name) New Zealand Alofi
Norfolk Island Territory of
Norfolk Island
Australia Kingston
Northern
Mariana Islands
Commonwealth
of the Northern
Mariana Islands
United States Saipan
Palmyra Atoll (no long-form name) United States Administered from Washington, D.C.
Paracel Islands (no long-form name) undetermined(see note 12) None
Pitcairn Islands Pitcairn,
Henderson, Ducie,
and Oeno Islands
United Kingdom Adamstown
Puerto Rico Commonwealth
of Puerto Rico
United States San Juan
Reunion
(see note 5)
Saint Barthelemy Saint Barthelemy France Gustavia
Saint Helena
(see note 13)
Saint Helena, Ascension, and Tristan da Cunha United Kingdom Jamestown
Saint Martin
(see note 17)
Saint Martin France Marigot
Saint Pierre and Miquelon Territorial
Collectivity of Saint
Pierre and Miquelon
France Saint-Pierre
Sint Maarten
(see note 11)
(no long-form name) Netherlands Philipsburg
South Georgia
and the South Sandwich Islands
South Georgia and the South Sandwich Islands United
Kingdom
(see note 4)
None
Spratly Islands (no long-form name) undetermined(see note 14) None
Svalbard (no long-form name) Norway Longyearbyen
Tokelau (no long-form name) New Zealand None
Turks and
Caicos Islands
Turks and Caicos Islands United Kingdom Grand Turk
Virgin Islands, British Virgin Islands, British United Kingdom Road Town
Virgin Islands, U.S. United States
Virgin Islands
United States Charlotte Amalie
Wake Island (no long-form name) United States Administered from Washington, D.C.
Wallis and Futuna (no long-form name) France Matâ’utu
Western Sahara (no long-form name) To be determined None

 

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4 Responses to “How Many Countries and Jurisdictions May Have “Foreign” Financial Institutions That May Need to Register for FATCA?”

  1. […] institutions and their branches registered from 205 countries and jurisdictions, of a total of 250 countries and jurisdictions recognized by the USA.  45 countries / jurisdictions do not yet have any FFI registrations. One of these 45 countries, […]

    Like

  2. http://haydonperryman.wordpress.com/2014/06/30/545/

    Somehow 20 jurisdictions fell off this list in the context of FATCA

    Like

  3. […] cynicism.  My previous articles on this subject of the IRS versus State department include my June 17 State Department listing and my June 8 discussion of the FFI GIIN List of […]

    Like

  4. ironfish Joseph Chou

    How Many Countries and Jurisdictions May Have “Foreign” Financial Institutions That May Need to Register for FATCA? « Byrnes’ Tax & Wealth Management Blog

    Like

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