Issue Number: RP-2017-31
Rev. Proc. 207-31 updates Rev. Proc. 2016-56 (published in December 2016) to add countries to the list of countries set forth in Section 4 of Rev. Proc. 2014-64. Section 4 lists the countries with which the Treasury Department and the IRS have determined that it is appropriate to have an automatic exchange relationship with respect to bank deposit interest income information under Treas. Reg. §§1.6049-8(a) and 1.6049-4(b)(5). Rev. Proc. 2017-31 adds three countries (Belgium, Colombia, and Portugal) to the Section 4 list.