aeoi.gov.ai

The goal of the FATCA regulatory regimes is to identify those who may be evading tax in their home countries. US FATCA requires non-US financial institutions to report to the US Internal Revenue Service details of accounts held by US citizens or taxpayers.

UK FATCA is similar regulation that requires financial institutions in the Crown Dependencies and Overseas Territories to report on accounts they hold for the benefit of UK tax residents.

Clearer understanding of financial assets held abroad by their residents. The US and UK FATCA legislation and the CRS are collectively known as Automatic Exchange of Information (AEOI).