SECTION 1. PURPOSE

This revenue procedure supplements the listing in Section 3 of Revenue Procedure 2014–64, 2014–53 I.R.B. 1022, of the countries with respect to which the reporting requirement of §§ 1.6049– 4(b)(5) and 1.6049–8(a) of the Income Tax Regulations applies, effective for interest paid on or after January 1, 2017.

This revenue procedure also supplements the listing in Section 4 of Revenue Procedure 2014–64, as previously supplemented by Rev. Proc. 2015–50, 2015–42 I.R.B. 583, and Rev. Proc. 2016–18, 2016–17 I.R.B. 635, of the countries with which the Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) have determined that it is appropriate to have an automatic exchange relationship with respect to the information collected under §§ 1.6049–4(b)(5) and 1.6049–8(a).