Australia: Guidance on reporting certain pre-existing U.S. taxpayer accounts with missing tax IDs

Temporary IRS relief extension covers reporting for calendar years 2025, 2026 and 2027

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October 29, 2025

The Australian Taxation Office (ATO) on October 27, 2025 updated its guidance for FATCA reporters regarding the U.S. tax authority’s (IRS) extension of temporary relief for foreign financial institutions unable to obtain U.S. taxpayer identification numbers (TINs) for pre-existing accounts.

To obtain this relief and avoid receiving a notice of non-compliance from the IRS, the ATO provides a guide on the steps Australian financial institutions can take to report certain pre-existing U.S. accounts with missing TINs.

The temporary relief extension covers reporting for calendar years 2025, 2026 and 2027.

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