Today, the IRS issued Revenue Procedure 2016-18 to add to the list of countries with which the Treasury Department and the IRS have deemed it appropriate to have an automatic exchange relationship regarding bank deposit interest information collected on certain nonresident alien individuals under Treasury regulation sections 1.6049-8(a) and 1.6049-4(b)(5). These three countries, Azerbaijan, Jamaica, and the Slovak Republic, have recently cleared a safeguards assessment for sharing of information under the Foreign Account Tax Compliance Act (FATCA).  The list of countries now totals 37.