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Singapore: Implementation of FATCA XML schema version 2.0.1

Effective January 1, 2027

March 20, 2026

The Inland Revenue Authority of Singapore (IRAS) on March 9, 2026, announced that—effective January 1, 2027—all FATCA XML returns, including past returns, must be prepared and submitted using the U.S. tax authority’s (IRS’s) FATCA XML schema version 2.0.1.

Read a March 2026 report prepared by the KPMG member firm in Singapore

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