FATCA: Example for IDES data packet preparation

FATCA: Example for IDES data packet preparation

The IRS today announced that it has developed an example to illustrate guidelines under the International Data Exchange Service (IDES).

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IDES is a secure managed file transfer service that only accepts encrypted transmissions in “IDES data packet” format. Data prepared and transmitted by means of IDES must conform to U.S. government security standards to safeguard sensitive information.

The IRS received comments about technical solutions and specifications regarding data preparation to create IDES data packets. In response, the IRS developed an example that conforms to published guidelines.

The example explains how to create an IDES data packet and decrypt a notification.

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