IRS and IDES have adopted the use of new FATCA XML Schema version 2.0 for FATCA Return Submission. New business rules and xml elements are introduced and it is not backwards compatible with previous FATCA XML schema version. Beginning on January 16, 2017, all International Data Exchange Service (IDES) users will be required to submit FATCA Reports using v2.0.
Sunnic team has released E-Trust IDES Tool version 1.2.0 to support FATCA XML schema v2.0. User must upgrade to this new version in order to package and submit FATCA data to IDES portal. Please login in to our web portal https://shop.sunnic-sec.com to download the latest software immediately.
You are advised to follow the "How to Upgrade" section in the release_note.txt that is bundled in the latest software package.
Note: forms that were created using E-Trust IDES Tool prior to the upgrade will be migrated to support the new version. Reports, on the other hand, will be back up automatically when launching E-Trust IDES Tool version 1.2.0.
List of Reportable Jurisdictions Under CRS
22 Jan. 2018
Common Reporting Standard (CRS) from 1 Jan 2017
31 Jan. 2017
E-Trust IDES Tool Release Version 1.2.0 to comply with new FATCA XML Schema version 2.0
16 Jan. 2017
E-Trust IDES Tool Release Version 1.1.0 for FATCA submission with CBC encryption
9 July 2016
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