Automatic exchange of tax information (FATCA and CRS)

Are you liable to pay taxes in some other country than Finland? Banks are obliged to collect information on their customers’ tax residencies by virtue of various acts and international agreements.

Residence in the US for tax purposes – FATCA

Residence in the US for tax purposes - FATCA

The United States and Finland have signed an agreement on the exchange of information under the Foreign Account Tax Compliance Act (FATCA). In accordance with this agreement, financial institutions must identify the accounts and investment assets held by US persons and notify their amounts to the local tax authorities. The information will be reported to the US Internal Revenue Service (IRS).

  • US persons refer to, among others,
  • persons residing in the United States
  • US citizens/persons with dual citizenship
  • holders of a permanent residence permit, i.e. Green Card businesses registered in the US.

If you receive a letter from Nordea regarding FATCA-related matters, we kindly ask you to fill in the form requested in the letter in accordance with the instructions provided. You can find the forms behind the links on this page.

For further information about the FATCA act, please see the frequently asked questions. You can also call Nordea Customer Service, tel 0200 70 000, Mon–Fri 8.00–18.00 (local network charge/mobile call charge).

Nordea cannot provide tax advice. For further information on matters related to the FATCA act or determination of tax residency, please contact a taxation specialist or search for information at www.irs.gov.

OECD's Common Reporting Standard (CRS)