Germany Releases FATCA Schema Files & Guidance

April 17, 2017 Becca Haile

Germany’s BZSt released both FATCA schema files (XSD files are provided in the [zip file|www.bzst.de/SharedDocs/Downloads/DE/FATCA_downloads/ELANKOM_Schema_FATCAXML2.0_230317_zip.zip?__blob=publicationFile]), and guidance ([Communications Manual Part III, version 2.0|www.bzst.de/DE/Steuern_International/FATCA/Kommunikationshandbuch/Kommunikationshandbuch_FATCA_Teil_III.pdf?__blob=publicationFile]).

Both provide important information on how to properly create FATCA returns. Information about the releases can be found in the latest [Infobrief|www.bzst.de/DE/Steuern_International/FATCA/Infobrief/Aktuell/Infobrief_Aktuell.pdf?__blob=publicationFile].

In addition, Germany published guidance on notifications (“[Verarbeitungsprotokolle FATCA|www.bzst.de/DE/Steuern_International/FATCA/zul.Korrekturwege/Verarbeitungsprotokolle.pdf?__blob=publicationFile]”), and a [sample notification XML|www.bzst.de/SharedDocs/Downloads/DE/FATCA_downloads/BASE-FATCA-USEMPFANGSBESTAETIGUNGANFI-2_3.xml;jsessionid=59A55E9D225E6CAE8ECB7A25249E2AFD.intranet1?__blob=publicationFile]. Previously, Germany had released an [Abbreviation Index/Glossary|www.bzst.de/DE/Steuern_International/FATCA/Kommunikationshandbuch/Abkuerzungsverzeichnis_Glossar.pdf?__blob=publicationFile], and [Business Rules|www.bzst.de/DE/Steuern_International/FATCA/Vorschriften/Datensatzschema.pdf?__blob=publicationFile].

All of these files should be reviewed in order to prepare for this August’s FATCA reporting. Germany has already posted guidance on CRS filing.

The post Germany Releases FATCA Schema Files & Guidance appeared first on Sovos.

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