How to make FATCA even more complicated

The September 2014 Award for making FATCA even more complicated goes to the US IRS.

This award is well deserved as with just a little effort this complication could have made been avoided.

The subject is one of country codes. A dry subject even at the best of times but the IRS have managed to make it quite interesting and also made it more difficult for practitioners.

A foreign financial institution (FFI) needs a GIIN. GIINs are provided by the IRS upon completion of registration on the IRS FATCA Portal.

The last three digits of the GIIN contain the ISO 3166 Code of the Country to which the FFI belongs for FATCA purposes.

ISO 3166 Codes are well established:

http://www.iso.org/iso/country_codes.htm

ISO 3166 Codes also make FATCA slightly easier to wield because the last three digits of the GIIN, in theory, tell you which IGA to apply (if applicable).

It is surprising how much debate has gone into the apparent confusion over which IGA to apply to a multijurisdictional client but those last three digits of the cherished GIIN codes are indicative as to which IGA applies.

Bravo IRS, that helps, except in cases where the IRS publishes lists of Registered FFIs with GIINs and Country Names that do not match. This does happen but it is rare.

So far so good.

For those of you who have been following my blogs and podcasts on FATCA and GATCA will know, I strongly believe that the FATCA CDD is the key to a well run FATCA Program from both a Bank and Customer point of view.

The FATCA CDD is both urgent and important. Reporting is important too but less urgent because reporting on 2014 does not take place until 2015. That said, it is critically important that FFIs have identified the fields they need to report and are collecting the data, these fields include:

OwnRef Report FieldRef Narrative
1 1042-S 027 AMENDED
2 1042-S 028 PRO-RATA BASIS REPORTING
3 1042-S 001 Income code
4 1042-S 002 Gross income
5 1042-S 003 Chap. 3:
6 1042-S 003.a Exemption code
7 1042-S 003.b Tax rate
8 1042-S 004 Chap. 4:
9 1042-S 004.a Exemption code
10 1042-S 004.b Tax rate
11 1042-S 005 Withholding allowance
12 1042-S 006 Net income
13 1042-S 007 Federal tax withheld
14 1042-S 007.X Check if tax not deposited under escrow procedure
15 1042-S 008 Tax withheld by other agents
16 1042-S 009 Tax assumed by withholding agent
17 1042-S 010 Total withholding credit
18 1042-S 011 Amount repaid to recipient
19 1042-S 012.a Withholding agent’s EIN
20 1042-S 012.b Ch. 3 status code
21 1042-S 012.c Ch. 4 status code
22 1042-S 013.a Withholding agent’s name
23 1042-S 013.b Withholding agent’s Global Intermediary Identification Number (GIIN)
24 1042-S 013.c Country code
25 1042-S 013.d Foreign taxpayer identification number, if any
26 1042-S 013.e Address (number and street)
27 1042-S 013.f City or town, state or province, country, ZIP or foreign postal code
28 1042-S 013.g Primary Withholding Agent’s Name (if different from line 13a)
29 1042-S 013.h Primary Withholding Agent’s EIN
30 1042-S 014.a Recipient’s name
31 1042-S 014.b Recipient’s GIIN
32 1042-S 014.c Recipient’s U.S. TIN, if any
33 1042-S 014.d Ch. 3 status code
34 1042-S 014.e Ch. 4 status code
35 1042-S 014.f Address (number and street)
36 1042-S 014.g City or town, state or province, country, ZIP or foreign postal code
37 1042-S 015.a Intermediary or flow-through entity’s EIN, if any
38 1042-S 015.b Ch. 3 status code
39 1042-S 015.c Ch. 4 status code
40 1042-S 016.a Intermediary or flow-through entity’s name
41 1042-S 016.b Intermediary or flow-through entity’s GIIN
42 1042-S 016.c Country code
43 1042-S 016.d Foreign tax identification number, if any
44 1042-S 016.e Address (number and street)
45 1042-S 016.f City or town, state or province, country, ZIP or foreign postal code
46 1042-S 017 Recipient’s country code
47 1042-S 018 Recipient’s foreign taxpayer identification number, if any
48 1042-S 019 Recipient’s account number
49 1042-S 020 Recipient’s date of birth
50 1042-S 021 Payer’s name
51 1042-S 022 Payer’s TIN
52 1042-S 023 Payer’s GIIN
53 1042-S 024 State income tax withheld
54 1042-S 025 Payer’s state tax no.
55 1042-S 026 Name of state
56 8966 1.1 Name of Filer
57 8966 1.2 Number, street, and room or suite no.
58 8966 1.3.a City or town
59 8966 1.3.b State/Province/Region
60 8966 1.3.c Country (including postal code)
61 8966 1.4 Global Intermediary Identification Number (GIIN)
62 8966 1.5 TIN
63 8966 1.6 Name of Sponsored Entity or Intermediary, if applicable
64 8966 1.7 Number, street, and room or suite no.
65 8966 1.8.a City or town
66 8966 1.8.b State/Province/Region
67 8966 1.8.c Country (including postal code)
68 8966 1.9 Global Intermediary Identification Number (GIIN)
69 8966 1.10 TIN
70 8966 2.1 Name of Account Holder or Payee
71 8966 2.2 Number, street, and room or suite no.
72 8966 2.3.a City or town
73 8966 2.3.b State/Province/Region
74 8966 2.3.c Country (including postal code)
75 8966 2.4 TIN
76 8966 2.5.X If account holder or payee is an entity, check applicable box to specify the entity’s type:
77 8966 3.1 Name of Owner
78 8966 3.2 Number, street, and room or suite no. (if P.O. box, see instructions)
79 8966 3.3.a City or town
80 8966 3.3.b State/Province/Region
81 8966 3.3.c Country (including postal code)
82 8966 3.4 TIN of Owner
83 8966 4.1 Account Number
84 8966 4.2 Currency Code
85 8966 4.3 Account Balance
86 8966 4.4.a Interest
87 8966 4.4.b Dividends
88 8966 4.4.c Gross proceeds/Redemptions
89 8966 4.4.d Other
90 8966 5.1.X Check applicable Pooled Reporting Type
91 8966 5.2 Number of Accounts
92 8966 5.3 Aggregate payment amount
93 8966 5.4 Aggregate account balance
94 8966 5.5 Currency Code
95 8966 6X Check if report is being corrected, amended, or voided

Data for Own Ref

  1. 30-36
  2. 37-45
  3. 47 and 49
  4. 70-82

will, in all likelihood, come from the W8 series with (B) and (C) coming from the W8-IMY.

Also the GIINs will need to be verified against the IRS database.

http://apps.irs.gov/app/fatcaFfiList/flu.jsf

Own Ref 33 & 38 points to Chapter 3 Status Codes, these are:

1 U.S. Withholding Agent-Fl
2 U.S. Withholding Agent-Other
3 Territory Fl treated as U.S. Person
4 Territory Fl – not treated as U.S. Person
5 U.S. branch of Participating FFI – treated as U.S. Person
6 U.S. branch of Participating FFI – not treated as U.S. Person
7 U.S. branch of Registered Deemed-Compliant FFI – treated as U.S. Person
8 Partnership other than Withholding Foreign Partnership
9 Withholding Foreign Partnership
10 Trust other than Withholding Foreign Trust
11 Withholding Foreign Trust
12 Qualified Intermediary
13 Qualified Intermediary-Branch under Qualified Intermediary Agreement
14 Qualified Intermediary-Branch not under Qualified Intermediary Agreement
15 Qualified Intermediary – Foreign Branch of U .S. Fl
16 Qualified Securities Lender-Qualified Intermediary
17 Qualified Securities Lender – Other
18 Corporation
19 Individual
20 Estate
21 Private Foundation
22 International Organization
23 Tax Exempt Organization (Section 501 (c) entities)
24 Unknown Recipient
25 Artist or Athlete
26 Pension
27 Foreign Government – Integral Part
28 Foreign Government – Controlled Entity
29 Government of U.S. territory
30 Foreign Central Bank of Issue
31 Nonqualified Intermediary
32 Hybrid entity making Treaty Claim Pooled Reporting Codes
33 Withholding Rate Pool – General
34 Withholding Rate Pool – Exempt Organization
35 PAI Withholding Rate Pool – General
36 PAI Withholding Rate Pool – Exempt Organization
37 Agency Withholding Rate Pool – General
38 Agency Withholding Rate Pool – Exempt Organization

Own Ref 34 & 39 point to Chapter Four Status. These are:

1 U.S. Withholding Agent-Fl
2 U.S. Withholding Agent-Other
3 Territory Fl -not treated as U.S. Person
4 Territory Fl – treated as U.S. Person
5 U.S. branch of Participating FFI – treated as U.S. Person
6 U.S. branch of Participating FFI – not treated as U.S. Person
7 U.S. branch of Registered Deemed-Compliant FFI -treated as U.S. Person
8 Participating FFI – Other
9 Participating FFI – Reporting Model 2 FFI
10 Registered Deemed-Compliant FFI – Reporting Model 1 FFI
11 Registered Deemed-Compliant FFI – Sponsored Entity
12 Registered Deemed-Compliant FFI – Other
13 Certified Deemed-Compliant FFI – Other
14 Certified Deemed-Compliant FFI – FFI with Low Value Accounts
15 Certified Deemed-Compliant FFI – Non-Registering Local Bank
16 Certified Deemed-Compliant FFI – Sponsored Entity
17 Certified Deemed-Compliant FFI – Investment Advisor or Investment Manager
18 Nonparticipating FFI
19 Owner-Documented FFI
20 Limited Branch treated as Nonparticipating FFI
21 Limited FFI treated as Nonparticipating FFI
22 Passive NFFE identifying Substantial U.S. Owners
23 Passive NFFE with no Substantial U.S. Owners
24 Publicly Traded N FFE or Affiliate of Publicly Traded N FFE
25 Active NFFE
26 Excepted NFFE-Other
27 Individual
28 Section 501 (c) Entities
29 Excepted Territory N FFE
30 Exempt Beneficial Owner
31 Entity Wholly Owned By Exempt Beneficial Owners
32 Unknown Recipient
33 Recalcitrant Account Holder
34 NFFE-WPorWT
35 Nonreporting IGA FFI
36 Direct reporting NFFE
37 U.S. reportable account
38 Non-consenting U.S. account
39 Sponsored direct reporting NFFE
40 Excepted Inter-affiliate FFI
41 Undocumented Preexisting Obligation
42 Recalcitrant Pool – No U.S. Indicia
43 Recalcitrant Pool – U.S. Indicia
44 Recalcitrant Pool – Dormant Account
45 Recalcitrant Pool – U.S. Persons
46 Recalcitrant Pool – Passive NFFEs
47 Nonparticipating FFI Pool
48 U.S. Payees Pool

Recently I examined the instructions for 1042-S reporting for 2014.

To my surprise the 1042-S uses country codes (Own Ref 24 & 42) are not the same as the ISO 3166 Codes the IRS uses for the GIINs.

This means that under FATCA there is one country code convention for FATCA CDD

http://www.irs.gov/pub/irs-pdf/p5118.pdf pp 116 – 121.

and another, altogether different convention, for FATCA Reporting.

http://www.irs.gov/pub/irs-pdf/i1042s.pdf pp 25-26.

Of course, the 1042-S predates FATCA and fulfills more objectives than FATCA Reporting alone but surely the time is ripe for harmonization of Country Code Conventions intra-IRS at a time when FATCA, FATCA equivalents such as the UK’s CDOT and the imminent implementation of AEoI (informally GATCA) are seeking to harmonize and converge.

You might well think that this is not really a problem; simply map the codes to each other.

I’ve done that and it has thrown up some interesting differences.

The FATCA Portal and GIIN List use the ISO 3166 convention. The 1042-S has a convention of its own.

The 1042-S convention includes:

Netherlands Antilles

You wont find this jurisdiction amongst the ISO 3166 Codes. You will however find:

  • Bonaire, Sint Eustatius and Saba
  • Curacao, and
  • Sint Maarten (Dutch part).

At first glance you might come to the conclusion that the ISO Code 3166 is the better convention.

However, you will find these jurisdictions amongst the ISO 3166 Codes:

  • Palestine, State Of
  • West Bank and Gaza

So the ISO 3166 convention is not without controversies of its own.

The ISO 3166 convention includes

  • South Sudan

the 1042-S convention does not.

The 1042-S has an “Unknown Country”. ISO 3166 has “Other”. Neither ‘cuts the mustard’ when it comes to FATCA as specificity over Country is required for many reasons, not least of which includes identifying whether the entity is under an IGA.

Despite the fact that Kosovo has agreed to an IGA in principle and is listed as such on the US Treasury website

http://www.treasury.gov/resource-center/tax-policy/treaties/Pages/FATCA-Archive.aspx

Kosovo does not have its own ISO 3166 Code and hence does not have its own GIIN codes.

The are some interesting differences in Country Names used by these conventions:

1042S Instructions Country Name FATCA Portal (ISO 3166 Name) 1042Si Alpha2 ISO 3166
Bahamas, The Bahamas BF 044
Bosnia-Herzegovina Bosnia and Herzegovina BK 070
Bolivia Bolivia, Plurinational State Of BL 068
Burma Myanmar BM 104
Navassa Island United States Minor Outlying Islands BQ 581
Brunei Brunei Darussalam BX 096
Congo (Brazzaville) Congo CF 180
Congo, Democratic Republic of (Kinshasa) Congo, Democratic Republic Of The CG 178
Jarvis Island United States Minor Outlying Islands DO 581
Falkland Islands (Islas Malvinas) Falkland Islands (Malvinas) FK 238
Micronesia, Federated States of Micronesia FM 583
Baker Island United States Minor Outlying Islands FQ 581
French Southern and Antarctic Lands Antarctica FS 010
Gambia, The Gambia GA 270
Howland Island United States Minor Outlying Islands HC 581
Cote D’lvoire (Ivory Coast) Cote d’Ivoire IV 384
Johnston Atoll United States Minor Outlying Islands JC 581
Korea, North Korea, Democratic People’s Republic Of KN 408
Kingman Reef United States Minor Outlying Islands KQ 581
Korea, South Korea, Republic of KS 410
Laos Lao People’s Democratic Republic LA 418
Slovak Republic (Slovakia) Slovakia LO 703
Palmyra Atoll United States Minor Outlying Islands LQ 581
Madagascar (Malagasy Republic) Madagascar MA 450
Macau Macao MC 446
Moldova Moldova, Republic Of MD 498
Macedonia Macedonia, The Former Yugoslav Republic Of MK 807
Midway Islands United States Minor Outlying Islands MQ 581
Pitcairn Island Pitcairn PC 612
St Martin Saint Martin (French part) RN 663
Russia Russian Federation RS 643
St Pierre and Miquelon Saint Pierre and Miquelon SB 666
St Kitts (St and Nevis) Saint Kitts and Nevis SC 659
St Helena Saint Helena SH 654
St Lucia Saint Lucia ST 662
Syria Syrian Arab Republic SY 760
St Barthelemy Saint Barthelemy TB 652
Tanzania Tanzania, United Republic Of TZ 834
Great Britain (United Kingdom) United Kingdom UK 826
Northern Ireland United Kingdom UK 826
United Kingdom (England, Wales, Scotland, No Ireland) United Kingdom UK 826
St Vincent and the Grenadines Saint Vincent and The Grenadines VC 670
Venezuela Venezuela, Bolivarian Republic Of VE 862
Vietnam Viet Nam VM 704
Virgin Islands (US) Virgin Islands (U.S.) VQ 850
Holy See Holy See (Vatican City State) VT 336
Wake Island United States Minor Outlying Islands WQ 581

Myanmar becomes Burma. The 1042-S convention has three codes that map to the United Kingdom. None of these three serves any useful purpose other than to map to the UK. (Though perhaps an additional code would have been necessary had Scotland voted for independence.)

The 1042-S convention list all 9 Islands that are part of United States Minor Outlying Islands

(https://en.wikipedia.org/wiki/United_States_Minor_Outlying_Islands)

each with their unique own Alpha2 yet under ISO 3166 the shared Alpha2 would be “UM”.

Here are other jurisdictions recognized by the 1042-S convention but not by the ISO 3166 convention:

Ashmore and Cartier Islands Australian dependency
Akrotiri UK dependency
Coral Sea Islands Territory Australian dependency
Dhekelia UK dependency
Clipperton Island French dependency
Jan Mayen Norway  dependency
Paracel Islands https://en.wikipedia.org/wiki/Paracel_Islands
Spratly Islands https://en.wikipedia.org/wiki/Spratly_Islands

The following jurisdictions have 2 digit alphas codes following the 1042-S convention that do not match to the ISO 3166 convention.

Jurisdiction 1042Si Alpha2 ISO 3166-Alpha2
Algeria AG DZ
American Samoa AQ AS
Andorra AN AD
Anguilla AV AI
Antarctica AY AQ
Antigua and Barbuda AC AG
Aruba AA AW
Australia AS AU
Austria AU AT
Azerbaijan AJ AZ
Bahamas BF BS
Bahrain BA BH
Bangladesh BG BD
Belarus BO BY
Belize BH BZ
Benin BN BJ
Bermuda BD BM
Bolivia, Plurinational State Of BL BO
Bosnia and Herzegovina BK BA
Botswana BC BW
Brunei Darussalam BX BN
Bulgaria BU BG
Burkina Faso UV BF
Burundi BY BI
Cambodia CB KH
Cayman Islands CJ KY
Central African Republic CT CF
Chad CD TD
Chile CI CL
China CH CN
Christmas Island KT CX
Cocos (Keeling) Islands CK CC
Comoros CN KM
Congo CF CD
Cook Islands CW CK
Costa Rica CS CR
Cote d’Ivoire IV CI
Czech Republic EZ CZ
Denmark DA DK
Dominica DO DM
Dominican Republic DR DO
El Salvador ES SV
Equatorial Guinea EK GQ
Estonia EN EE
Finland Fl FI
French Guiana FG GF
French Polynesia FP PF
Gabon GB GA
Gambia GA GM
Georgia GG GE
Germany GM DE
Gibraltar Gl GI
Grenada GJ GD
Guam GG GU
Guernsey GK GG
Guinea GV GN
Guinea-Bissau PU GW
Haiti HA HT
Holy See (Vatican City State) VT VA
Honduras HO HN
Iceland IC IS
Iraq IZ IQ
Ireland El IE
Israel IS IL
Japan JA JP
Kiribati KR KI
Kuwait KU KW
Latvia LG LV
Lebanon LE LB
Lesotho LT LS
Liberia LI LR
Liechtenstein LS LI
Lithuania LH LT
Macao MC MO
Madagascar MA MG
Malawi Ml MW
Marshall Islands RM MH
Martinique MB MQ
Mauritius MP MU
Mayotte MF YT
Monaco MN MC
Mongolia MG MN
Montenegro MJ ME
Montserrat MH MS
Morocco MO MA
Myanmar BM MM
Namibia WA NA
New Caledonia NO NC
Nicaragua NU NI
Niger NG NE
Nigeria Nl NG
Niue NE NU
Korea, Democratic People’s Republic Of KN KP
Northern Mariana Islands CQ MP
Oman MU OM
Palau PS PW
Panama PM PA
Papua New Guinea PP PG
Paraguay PA PY
Philippines RP PH
Pitcairn PC PN
Portugal PO PT
Puerto Rico RQ PR
Russian Federation RS RU
Saint Barthelemy TB BL
Saint Kitts and Nevis SC KN
Saint Lucia ST LC
Saint Martin (French part) RN MF
Saint Pierre and Miquelon SB PM
Sao Tome and Principe TP ST
Senegal SG SN
Serbia RB RS
Seychelles SE SC
Singapore SN SG
Slovakia LO SK
Solomon Islands BP SB
South Africa SF ZA
South Georgia and the South Sandwich Islands SX GS
Korea, Republic of KS KR
Spain SP ES
Sri Lanka CE LK
Suriname NS SR
Swaziland WZ SZ
Sweden SW SE
Switzerland SZ CH
Tajikistan Tl TJ
Timor-Leste TT TL
Togo TO TG
Tokelau TL TK
Tonga TN TO
Trinidad and Tobago TD TT
Tunisia TS TN
Turkey TU TR
Turkmenistan TX TM
Turks and Caicos Islands TK TC
Ukraine UP UA
United Kingdom UK GB
Vanuatu NH VU
Viet Nam VM VN
Virgin Islands (British) VI VG
Virgin Islands (U.S.) VQ VI
Western Sahara Wl EH
Yemen YM YE
Zambia ZA ZM
Zimbabwe Zl ZW

This is no small matter given that the 1042-S Codes are those to be used in the 1042-S reports.

In short, this use of more than one country code convention that the IRS uses for FATCA is another FATCA accident waiting to happen. This one though stands out because it was entirely avoidable.

So what convention would I use?

Here it is:

ISO3166 Code FATCA Portal/ISO3166 Jurisdiction Name 1042Si Alpha2 3166 Alpha2 IGA Model IGA Status(Signed or”Agreed inSubstance”) IGA Status Date
004 Afghanistan AF AF No IGA
248 Aland Islands AX AX No IGA
008 Albania AL AL No IGA
012 Algeria AG DZ Model 1A IGA Substance 30-Jun-14
016 American Samoa AQ AS No IGA
020 Andorra AN AD No IGA
024 Angola AO AO No IGA
660 Anguilla AV AI Model 1A IGA Substance 30-Jun-14
010 Antarctica AY AQ No IGA
028 Antigua and Barbuda AC AG Model 1A IGA Substance 03-Jun-14
032 Argentina AR AR No IGA
051 Armenia AM AM Model 2 IGA Substance 08-May-14
533 Aruba AA AW No IGA
036 Australia AS AU Model 1A IGA Signed 28-Apr-14
040 Austria AU AT Model 2 IGA Signed 29-Apr-14
031 Azerbaijan AJ AZ Model 1A IGA Substance 16-May-14
044 Bahamas BF BS Model 1B IGA Substance 17-Apr-14
048 Bahrain BA BH Model 1A IGA Substance 30-Jun-14
050 Bangladesh BG BD No IGA
052 Barbados BB BB Model 1A IGA Substance 27-May-14
112 Belarus BO BY Model 1A IGA Substance 06-Jun-14
056 Belgium BE BE Model 1A IGA Signed 23-Apr-14
084 Belize BH BZ No IGA
204 Benin BN BJ No IGA
060 Bermuda BD BM Model 2 IGA Signed 19-Dec-13
064 Bhutan BT BT No IGA
068 Bolivia, Plurinational State Of BL BO No IGA
535 Bonaire, Sint Eustatius And Saba BQ BQ No IGA
070 Bosnia and Herzegovina BK BA No IGA
072 Botswana BC BW No IGA
074 Bouvet Island BV BV No IGA
076 Brazil BR BR Model 1A IGA Signed 23-Sep-14
086 British Indian Ocean Territory IO IO No IGA
096 Brunei Darussalam BX BN No IGA
100 Bulgaria BU BG Model 1A IGA Substance 23-Apr-13
854 Burkina Faso UV BF No IGA
108 Burundi BY BI No IGA
116 Cambodia CB KH No IGA
120 Cameroon CM CM No IGA
124 Canada CA CA Model 1A IGA Signed 05-Feb-14
132 Cape Verde CV CV Model 1A IGA Substance 30-Jun-14
136 Cayman Islands CJ KY Model 1B IGA Signed 29-Nov-13
140 Central African Republic CT CF No IGA
148 Chad CD TD No IGA
152 Chile CI CL Model 2 IGA Signed 05-Mar-14
156 China CH CN Model 1A IGA Substance 26-Jun-14
162 Christmas Island KT CX No IGA
166 Cocos (Keeling) Islands CK CC No IGA
170 Colombia CO CO Model 1A IGA Substance 23-Apr-14
174 Comoros CN KM No IGA
178 Congo, Democratic Republic Of The CG CG No IGA
180 Congo CF CD No IGA
184 Cook Islands CW CK No IGA
188 Costa Rica CS CR Model 1A IGA Signed 26-Nov-13
384 Cote d’Ivoire IV CI No IGA
191 Croatia HR HR Model 1A IGA Substance 02-Apr-14
192 Cuba CU CU No IGA
531 Curacao CW CW Model 1A IGA Substance 30-Apr-14
196 Cyprus CY CY Model 1A IGA Substance 22-Apr-14
203 Czech Republic EZ CZ Model 1A IGA Signed 04-Aug-14
208 Denmark DA DK Model 1A IGA Signed 19-Nov-12
262 Djibouti DJ DJ No IGA
212 Dominica DO DM Model 1A IGA Substance 19-Jun-14
214 Dominican Republic DR DO Model 1A IGA Substance 30-Jun-14
218 Ecuador EC EC No IGA
818 Egypt EG EG No IGA
222 El Salvador ES SV No IGA
226 Equatorial Guinea EK GQ No IGA
232 Eritrea ER ER No IGA
233 Estonia EN EE Model 1A IGA Signed 11-Apr-14
231 Ethiopia ET ET No IGA
238 Falkland Islands (Malvinas) FK FK No IGA
234 Faroe Islands FO FO No IGA
242 Fiji FJ FJ No IGA
246 Finland Fl FI Model 1A IGA Signed 05-Mar-14
250 France FR FR Model 1A IGA Signed 14-Nov-13
254 French Guiana FG GF No IGA
258 French Polynesia FP PF No IGA
260 French Southern Territories TF TF No IGA
266 Gabon GB GA No IGA
270 Gambia GA GM No IGA
268 Georgia GG GE Model 1A IGA Substance 12-Jun-14
276 Germany GM DE Model 1A IGA Signed 31-May-13
288 Ghana GH GH No IGA
292 Gibraltar Gl GI Model 1A IGA Signed 08-May-14
300 Greece GR GR No IGA
304 Greenland GL GL Model 1A IGA Substance 30-Jun-14
308 Grenada GJ GD Model 1A IGA Substance 16-Jun-14
312 Guadeloupe GP GP No IGA
316 Guam GG GU US Territory
320 Guatemala GT GT No IGA
831 Guernsey GK GG Model 1A IGA Signed 13-Dec-13
324 Guinea GV GN No IGA
624 Guinea-Bissau PU GW No IGA
328 Guyana GY GY Model 1A IGA Substance 24-Jun-14
332 Haiti HA HT Model 1A IGA Substance 30-Jun-14
334 Heard Island and McDonald Islands HM HM No IGA
336 Holy See (Vatican City State) VT VA No IGA
340 Honduras HO HN Model 1A IGA Signed 31-Mar-14
344 Hong Kong HK HK Model 2 IGA Substance 09-May-14
348 Hungary HU HU Model 1A IGA Signed 04-Feb-14
352 Iceland IC IS No IGA
356 India IN IN Model 1A IGA Substance 11-Apr-14
360 Indonesia ID ID Model 1A IGA Substance 04-May-14
364 Iran IR IR No IGA
368 Iraq IZ IQ Model 2 IGA Substance 30-Jun-14
372 Ireland El IE Model 1A IGA Signed 23-Jan-13
833 Isle of Man IM IM Model 1A IGA Signed 13-Dec-13
376 Israel IS IL Model 1A IGA Substance 30-Jun-14
380 Italy IT IT Model 1A IGA Signed 10-Jan-14
388 Jamaica JM JM Model 1A IGA Signed 01-May-14
392 Japan JA JP Model 2 IGA Signed 11-Jun-13
832 Jersey JE JE Model 1A IGA Signed 13-Dec-13
400 Jordan JO JO No IGA
398 Kazakhstan KZ KZ No IGA
404 Kenya KE KE No IGA
296 Kiribati KR KI No IGA
XXK Kosovo KV KV Model 1A IGA Substance 02-Apr-14
414 Kuwait KU KW Model 1A IGA Substance 01-May-14
417 Kyrgyzstan KG KG No IGA
418 Lao People’s Democratic Republic LA LA No IGA
428 Latvia LG LV Model 1A IGA Signed 27-Jun-14
422 Lebanon LE LB No IGA
426 Lesotho LT LS No IGA
430 Liberia LI LR No IGA
434 Libya LY LY No IGA
438 Liechtenstein LS LI Model 1A IGA Signed 19-May-14
440 Lithuania LH LT Model 1A IGA Signed 26-Aug-14
442 Luxembourg LU LU Model 1A IGA Signed 28-Mar-14
446 Macao MC MO No IGA
807 Macedonia, The Former Yugoslav Republic Of MK MK No IGA
450 Madagascar MA MG No IGA
454 Malawi Ml MW No IGA
458 Malaysia MY MY Model 1A IGA Substance 30-Jun-14
462 Maldives MV MV No IGA
466 Mali ML ML No IGA
470 Malta MT MT Model 1A IGA Signed 16-Dec-13
584 Marshall Islands RM MH No IGA
474 Martinique MB MQ No IGA
478 Mauritania MR MR No IGA
480 Mauritius MP MU Model 1A IGA Signed 27-Dec-13
175 Mayotte MF YT No IGA
484 Mexico MX MX Model 1A IGA Signed 09-Apr-14
583 Micronesia FM FM No IGA
498 Moldova, Republic Of MD MD Model 2 IGA Substance 30-Jun-14
492 Monaco MN MC No IGA
496 Mongolia MG MN No IGA
499 Montenegro MJ ME Model 1A IGA Substance 30-Jun-14
500 Montserrat MH MS No IGA
504 Morocco MO MA No IGA
508 Mozambique MZ MZ No IGA
104 Myanmar BM MM No IGA
516 Namibia WA NA No IGA
520 Nauru NR NR No IGA
524 Nepal NP NP No IGA
528 Netherlands NL NL Model 1A IGA Signed 18-Dec-13
540 New Caledonia NO NC No IGA
554 New Zealand NZ NZ Model 1A IGA Signed 12-Jun-14
558 Nicaragua NU NI Model 2 IGA Substance 30-Jun-14
562 Niger NG NE No IGA
566 Nigeria Nl NG No IGA
570 Niue NE NU No IGA
574 Norfolk Island NF NF No IGA
408 Korea, Democratic People’s Republic Of KN KP No IGA
580 Northern Mariana Islands CQ MP US Territory
578 Norway NO NO Model 1A IGA Signed 15-Apr-13
275 Palestine, State Of PS PS No IGA
512 Oman MU OM No IGA
Other UC UC
586 Pakistan PK PK No IGA
585 Palau PS PW No IGA
591 Panama PM PA Model 1A IGA Substance 01-May-14
598 Papua New Guinea PP PG No IGA
600 Paraguay PA PY Model 2 IGA Substance 06-Jun-14
604 Peru PE PE Model 1A IGA Substance 01-May-14
608 Philippines RP PH No IGA
612 Pitcairn PC PN No IGA
616 Poland PL PL Model 1A IGA Substance 02-Apr-13
620 Portugal PO PT Model 1A IGA Substance 02-Apr-14
630 Puerto Rico RQ PR US Territory
634 Qatar QA QA Model 1A IGA Substance 02-Apr-14
638 Reunion RE RE No IGA
642 Romania RO RO Model 1A IGA Substance 02-Apr-14
643 Russian Federation RS RU No IGA
646 Rwanda RW RW No IGA
652 Saint Barthelemy TB BL No IGA
654 Saint Helena SH SH No IGA
659 Saint Kitts and Nevis SC KN Model 1A IGA Substance 04-Jun-14
662 Saint Lucia ST LC Model 1A IGA Substance 12-Jun-14
663 Saint Martin (French part) RN MF No IGA
666 Saint Pierre and Miquelon SB PM No IGA
670 Saint Vincent and The Grenadines VC VC Model 1A IGA Substance 02-Jun-14
882 Samoa WS WS US Territory
674 San Marino SM SM Model 2 IGA Substance 30-Jun-14
678 Sao Tome and Principe TP ST No IGA
682 Saudi Arabia SA SA Model 1A IGA Substance 24-Jun-14
686 Senegal SG SN No IGA
688 Serbia RB RS Model 1A IGA Substance 30-Jun-14
690 Seychelles SE SC Model 1A IGA Substance 28-May-14
694 Sierra Leone SL SL No IGA
702 Singapore SN SG Model 1A IGA Substance 05-May-14
534 Sint Maarten (Dutch part) SX SX No IGA
703 Slovakia LO SK Model 1A IGA Substance 11-Apr-14
705 Slovenia SI SI Model 1A IGA Signed 02-Jun-14
090 Solomon Islands BP SB No IGA
706 Somalia SO SO No IGA
710 South Africa SF ZA Model 1A IGA Signed 09-Jun-14
239 South Georgia and the South Sandwich Islands SX GS No IGA
410 Korea, Republic of KS KR Model 1A IGA Substance 02-Apr-14
728 South Sudan SS SS No IGA
724 Spain SP ES Model 1A IGA Signed 14-May-13
144 Sri Lanka CE LK No IGA
729 Sudan SU SU No IGA
740 Suriname NS SR No IGA
748 Swaziland WZ SZ No IGA
752 Sweden SW SE Model 1A IGA Signed 08-Aug-14
756 Switzerland SZ CH Model 2 IGA Signed 14-Feb-13
760 Syrian Arab Republic SY SY No IGA
158 Taiwan TW TW Model 2 IGA Substance 23-Jun-14
762 Tajikistan Tl TJ No IGA
834 Tanzania, United Republic Of TZ TZ No IGA
764 Thailand TH TH Model 1A IGA Substance 24-Jun-14
626 Timor-Leste TT TL No IGA
768 Togo TO TG No IGA
772 Tokelau TL TK No IGA
776 Tonga TN TO No IGA
780 Trinidad and Tobago TD TT No IGA
788 Tunisia TS TN No IGA
792 Turkey TU TR Model 1A IGA Substance 03-Jun-14
795 Turkmenistan TX TM Model 1A IGA Substance 03-Jun-14
796 Turks and Caicos Islands TK TC Model 1A IGA Substance 12-May-14
798 Tuvalu TV TV No IGA
800 Uganda UG UG No IGA
804 Ukraine UP UA Model 1A IGA Substance 28-Jun-14
784 United Arab Emirates AE AE Model 1A IGA Substance 21-May-14
826 United Kingdom UK GB Model 1A IGA Signed 12-Sep-12
840 United States US US US
581 United States Minor Outlying Islands UM UM No IGA
858 Uruguay UY UY No IGA
860 Uzbekistan UZ UZ Model 1A IGA Substance 30-Jun-14
548 Vanuatu NH VU No IGA
862 Venezuela, Bolivarian Republic Of VE VE No IGA
704 Viet Nam VM VN No IGA
092 Virgin Islands (British) VI VG Model 1B IGA Signed 30-Jun-14
850 Virgin Islands (U.S.) VQ VI US Territory
876 Wallis and Futuna WF WF No IGA
275 West Bank And Gaza PS PS No IGA
732 Western Sahara Wl EH No IGA
887 Yemen YM YE No IGA
894 Zambia ZA ZM No IGA
716 Zimbabwe Zl ZW No IGA

In an ideal world I would do away with the 1042-S Alpha2 but until the IRS uses the ISO 3166 3 digit numeric (or indeed the ISO 3166 Alpha2) the 1042-S Alpha2 is here to stay. So in a sense my convention is simply to map these codes to each other. But I thought I would save you some of the pain by sharing my own mapping.

The ISO 3166 Alpha2 is also here to stay. Other jurisdictions use ISO 3166 Alpha2 for reporting, including the UK.

http://www.hmrc.gov.uk/softwaredevelopers/fatca/index.htm

FATCA UK Submission Schema v1.3 Guide Annex B pp. 72 – 77.

To show the mapping in another way:

1042SiCountry 1042SiCode MaptoCountryNameISO3166 ISO3166Numeric ISO3166Alpha2
Afghanistan AF Afghanistan 004 AF
Akrotiri AX Akrotiri Does not map
Does not map Aland Islands 248 AX
Albania AL Albania 008 AL
Algeria AG Algeria 012 DZ
American Samoa AQ American Samoa 016 AS
Andorra AN Andorra 020 AD
Angola AO Angola 024 AO
Anguilla AV Anguilla 660 AI
Antarctica AY Antarctica 010 AQ
French Southern and Antarctic Lands FS Antarctica 010 AQ
Antigua and Barbuda AC Antigua and Barbuda 028 AG
Argentina AR Argentina 032 AR
Armenia AM Armenia 051 AM
Aruba AA Aruba 533 AW
Ashmore and Cartier Islands AT Ashmore and Cartier Islands Does not map
Australia AS Australia 036 AU
Austria AU Austria 040 AT
Azerbaijan AJ Azerbaijan 031 AZ
Bahamas, The BF Bahamas 044 BS
Bahrain BA Bahrain 048 BH
Bangladesh BG Bangladesh 050 BD
Barbados BB Barbados 052 BB
Belarus BO Belarus 112 BY
Belgium BE Belgium 056 BE
Belize BH Belize 084 BZ
Benin BN Benin 204 BJ
Bermuda BD Bermuda 060 BM
Bhutan BT Bhutan 064 BT
Bolivia BL Bolivia, Plurinational State Of 068 BO
Does not map Bonaire, Sint Eustatius And Saba 535 BQ
Bosnia-Herzegovina BK Bosnia and Herzegovina 070 BA
Botswana BC Botswana 072 BW
Bouvet Island BV Bouvet Island 074 BV
Brazil BR Brazil 076 BR
British Indian Ocean Territory IO British Indian Ocean Territory 086 IO
Brunei BX Brunei Darussalam 096 BN
Bulgaria BU Bulgaria 100 BG
Burkina Faso UV Burkina Faso 854 BF
Burundi BY Burundi 108 BI
Cambodia CB Cambodia 116 KH
Cameroon CM Cameroon 120 CM
Canada CA Canada 124 CA
Cape Verde CV Cape Verde 132 CV
Cayman Islands CJ Cayman Islands 136 KY
Central African Republic CT Central African Republic 140 CF
Chad CD Chad 148 TD
Chile CI Chile 152 CL
China CH China 156 CN
Christmas Island KT Christmas Island 162 CX
Clipperton Island IP Clipperton Island Does not map
Cocos (Keeling) Islands CK Cocos (Keeling) Islands 166 CC
Colombia CO Colombia 170 CO
Comoros CN Comoros 174 KM
Congo (Brazzaville) CF Congo 180 CD
Congo, Democratic Republic of (Kinshasa) CG Congo, Democratic Republic Of The 178 CG
Cook Islands CW Cook Islands 184 CK
Coral Sea Islands Territory CR Coral Sea Islands Territory Does not map
Costa Rica CS Costa Rica 188 CR
Cote D’lvoire (Ivory Coast) IV Cote d’Ivoire 384 CI
Croatia HR Croatia 191 HR
Cuba CU Cuba 192 CU
Does not map Curacao 531 CW
Cyprus CY Cyprus 196 CY
Czech Republic EZ Czech Republic 203 CZ
Denmark DA Denmark 208 DK
Dhekelia DX Dhekelia Does not map
Djibouti DJ Djibouti 262 DJ
Dominica DO Dominica 212 DM
Dominican Republic DR Dominican Republic 214 DO
Ecuador EC Ecuador 218 EC
Egypt EG Egypt 818 EG
El Salvador ES El Salvador 222 SV
Equatorial Guinea EK Equatorial Guinea 226 GQ
Eritrea ER Eritrea 232 ER
Estonia EN Estonia 233 EE
Ethiopia ET Ethiopia 231 ET
Falkland Islands (Islas Malvinas) FK Falkland Islands (Malvinas) 238 FK
Faroe Islands FO Faroe Islands 234 FO
Fiji FJ Fiji 242 FJ
Finland Fl Finland 246 FI
France FR France 250 FR
French Guiana FG French Guiana 254 GF
French Polynesia FP French Polynesia 258 PF
Does not map French Southern Territories 260 TF
Gabon GB Gabon 266 GA
Gambia, The GA Gambia 270 GM
Georgia GG Georgia 268 GE
Germany GM Germany 276 DE
Ghana GH Ghana 288 GH
Gibraltar Gl Gibraltar 292 GI
Greece GR Greece 300 GR
Greenland GL Greenland 304 GL
Grenada GJ Grenada 308 GD
Guadeloupe GP Guadeloupe 312 GP
Guam GG Guam 316 GU
Guatemala GT Guatemala 320 GT
Guernsey GK Guernsey 831 GG
Guinea GV Guinea 324 GN
Guinea-Bissau PU Guinea-Bissau 624 GW
Guyana GY Guyana 328 GY
Haiti HA Haiti 332 HT
Heard Island and McDonald Islands HM Heard Island and McDonald Islands 334 HM
Holy See VT Holy See (Vatican City State) 336 VA
Honduras HO Honduras 340 HN
Hong Kong HK Hong Kong 344 HK
Hungary HU Hungary 348 HU
Iceland IC Iceland 352 IS
India IN India 356 IN
Indonesia ID Indonesia 360 ID
Iran IR Iran 364 IR
Iraq IZ Iraq 368 IQ
Ireland El Ireland 372 IE
Isle of Man IM Isle of Man 833 IM
Israel IS Israel 376 IL
Italy IT Italy 380 IT
Jamaica JM Jamaica 388 JM
Jan Mayen JN Jan Mayen Does not map
Japan JA Japan 392 JP
Jersey JE Jersey 832 JE
Jordan JO Jordan 400 JO
Kazakhstan KZ Kazakhstan 398 KZ
Kenya KE Kenya 404 KE
Kiribati KR Kiribati 296 KI
Korea, North KN Korea, Democratic People’s Republic Of 408 KP
Korea, South KS Korea, Republic of 410 KR
Kosovo KV Kosovo XXK KV
Kuwait KU Kuwait 414 KW
Kyrgyzstan KG Kyrgyzstan 417 KG
Laos LA Lao People’s Democratic Republic 418 LA
Latvia LG Latvia 428 LV
Lebanon LE Lebanon 422 LB
Lesotho LT Lesotho 426 LS
Liberia LI Liberia 430 LR
Libya LY Libya 434 LY
Liechtenstein LS Liechtenstein 438 LI
Lithuania LH Lithuania 440 LT
Luxembourg LU Luxembourg 442 LU
Macau MC Macao 446 MO
Macedonia MK Macedonia, The Former Yugoslav Republic Of 807 MK
Madagascar (Malagasy Republic) MA Madagascar 450 MG
Malawi Ml Malawi 454 MW
Malaysia MY Malaysia 458 MY
Maldives MV Maldives 462 MV
Mali ML Mali 466 ML
Malta MT Malta 470 MT
Marshall Islands RM Marshall Islands 584 MH
Martinique MB Martinique 474 MQ
Mauritania MR Mauritania 478 MR
Mauritius MP Mauritius 480 MU
Mayotte MF Mayotte 175 YT
Mexico MX Mexico 484 MX
Micronesia, Federated States of FM Micronesia 583 FM
Moldova MD Moldova, Republic Of 498 MD
Monaco MN Monaco 492 MC
Mongolia MG Mongolia 496 MN
Montenegro MJ Montenegro 499 ME
Montserrat MH Montserrat 500 MS
Morocco MO Morocco 504 MA
Mozambique MZ Mozambique 508 MZ
Burma BM Myanmar 104 MM
Namibia WA Namibia 516 NA
Nauru NR Nauru 520 NR
Nepal NP Nepal 524 NP
Netherlands NL Netherlands 528 NL
Netherlands Antilles NT Netherlands Antilles Does not map
New Caledonia NO New Caledonia 540 NC
New Zealand NZ New Zealand 554 NZ
Nicaragua NU Nicaragua 558 NI
Niger NG Niger 562 NE
Nigeria Nl Nigeria 566 NG
Niue NE Niue 570 NU
Norfolk Island NF Norfolk Island 574 NF
Northern Mariana Islands CQ Northern Mariana Islands 580 MP
Norway NO Norway 578 NO
Oman MU Oman 512 OM
Other Country OC Other UC
Unknown Country UC Other UC
Pakistan PK Pakistan 586 PK
Palau PS Palau 585 PW
Does not map Palestine, State Of 275 PS
Panama PM Panama 591 PA
Papua New Guinea PP Papua New Guinea 598 PG
Paracel Islands PF Paracel Islands Does not map
Paraguay PA Paraguay 600 PY
Peru PE Peru 604 PE
Philippines RP Philippines 608 PH
Pitcairn Island PC Pitcairn 612 PN
Poland PL Poland 616 PL
Portugal PO Portugal 620 PT
Puerto Rico RQ Puerto Rico 630 PR
Qatar QA Qatar 634 QA
Reunion RE Reunion 638 RE
Romania RO Romania 642 RO
Russia RS Russian Federation 643 RU
Rwanda RW Rwanda 646 RW
St Barthelemy TB Saint Barthelemy 652 BL
St Helena SH Saint Helena 654 SH
St Kitts (St and Nevis) SC Saint Kitts and Nevis 659 KN
St Lucia ST Saint Lucia 662 LC
St Martin RN Saint Martin (French part) 663 MF
St Pierre and Miquelon SB Saint Pierre and Miquelon 666 PM
St Vincent and the Grenadines VC Saint Vincent and The Grenadines 670 VC
Samoa WS Samoa 882 WS
San Marino SM San Marino 674 SM
Sao Tome and Principe TP Sao Tome and Principe 678 ST
Saudi Arabia SA Saudi Arabia 682 SA
Senegal SG Senegal 686 SN
Serbia RB Serbia 688 RS
Seychelles SE Seychelles 690 SC
Sierra Leone SL Sierra Leone 694 SL
Singapore SN Singapore 702 SG
Does not map Sint Maarten (Dutch part) 534 SX
Slovak Republic (Slovakia) LO Slovakia 703 SK
Slovenia SI Slovenia 705 SI
Solomon Islands BP Solomon Islands 090 SB
Somalia SO Somalia 706 SO
South Africa SF South Africa 710 ZA
South Georgia and the South Sandwich Islands SX South Georgia and the South Sandwich Islands 239 GS
Does not map South Sudan 728 SS
Spain SP Spain 724 ES
Spratly Islands PG Spratly Islands Does not map
Sri Lanka CE Sri Lanka 144 LK
Sudan SU Sudan 729 SU
Suriname NS Suriname 740 SR
Svalbard SV Svalbard Does not map
Swaziland WZ Swaziland 748 SZ
Sweden SW Sweden 752 SE
Switzerland SZ Switzerland 756 CH
Syria SY Syrian Arab Republic 760 SY
Taiwan TW Taiwan 158 TW
Tajikistan Tl Tajikistan 762 TJ
Tanzania TZ Tanzania, United Republic Of 834 TZ
Thailand TH Thailand 764 TH
Timor-Leste TT Timor-Leste 626 TL
Togo TO Togo 768 TG
Tokelau TL Tokelau 772 TK
Tonga TN Tonga 776 TO
Trinidad and Tobago TD Trinidad and Tobago 780 TT
Tunisia TS Tunisia 788 TN
Turkey TU Turkey 792 TR
Turkmenistan TX Turkmenistan 795 TM
Turks and Caicos Islands TK Turks and Caicos Islands 796 TC
Tuvalu TV Tuvalu 798 TV
Uganda UG Uganda 800 UG
Ukraine UP Ukraine 804 UA
United Arab Emirates AE United Arab Emirates 784 AE
Great Britain (United Kingdom) UK United Kingdom 826 GB
Northern Ireland UK United Kingdom 826 GB
United Kingdom (England, Wales, Scotland, No Ireland) UK United Kingdom 826 GB
Navassa Island BQ United States Minor Outlying Islands 581 UM
Jarvis Island DO United States Minor Outlying Islands 581 UM
Baker Island FQ United States Minor Outlying Islands 581 UM
Howland Island HC United States Minor Outlying Islands 581 UM
Johnston Atoll JC United States Minor Outlying Islands 581 UM
Kingman Reef KQ United States Minor Outlying Islands 581 UM
Palmyra Atoll LQ United States Minor Outlying Islands 581 UM
Midway Islands MQ United States Minor Outlying Islands 581 UM
Wake Island WQ United States Minor Outlying Islands 581 UM
Uruguay UY Uruguay 858 UY
Uzbekistan UZ Uzbekistan 860 UZ
Vanuatu NH Vanuatu 548 VU
Venezuela VE Venezuela, Bolivarian Republic Of 862 VE
Vietnam VM Viet Nam 704 VN
Virgin Islands (British) VI Virgin Islands (British) 092 VG
Virgin Islands (US) VQ Virgin Islands (U.S.) 850 VI
Wallis and Futuna WF Wallis and Futuna 876 WF
Does not map West Bank And Gaza 275 PS
Western Sahara WI Western Sahara 732 EH
Yemen YM Yemen 887 YE
Zambia ZA Zambia 894 ZM
Zimbabwe ZI Zimbabwe 716 ZW

Finally, it is also worth pointing out that whilst a +1 international dialing code is, under FATCA, US indicia, the following Countries also have some international +1 dialing codes.

FATCA Portal/ISO3166 Jurisdiction Name ISO3166 Code 1042Si Alpha2 3166 Alpha2 Dial Code
American Samoa 016 AQ AS 1-684
Anguilla 660 AV AI 1-264
Antigua and Barbuda 028 AC AG 1-268
Bahamas 044 BF BS 1-242
Barbados 052 BB BB 1-246
Bermuda 060 BD BM 1-441
Canada 124 CA CA 1
Cayman Islands 136 CJ KY 1-345
Dominica 212 DO DM 1-767
Dominican Republic 214 DR DO 1-809
Grenada 308 GJ GD 1-473
Jamaica 388 JM JM 1-876
Montserrat 500 MH MS 1-664
Saint Kitts and Nevis 659 SC KN 1-869
Saint Lucia 662 ST LC 1-758
Saint Vincent and The Grenadines 670 VC VC 1-784
Sint Maarten (Dutch part) 534 SX SX 1-721
Trinidad and Tobago 780 TD TT 1-868
Turks and Caicos Islands 796 TK TC 1-649
Virgin Islands (British) 092 VI VG 1-284

This means that care should be taken as a +1 international dialing code is not always for a US telephone number.