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This section highlights important changes to the Foreign Account Tax Compliance Act (FATCA) XML. Schema v2.0 User Guide. The schema and business rules are The FATCA XML Schema is based on business requirements collected by a multilateral working group. The schema uses elements from existing reporting schemas This user guide should be read in conjunction with the documents listed below. The FATCA XML User Guide v1.1 available on the U.S. IRS website -. FATCA Document Guidelines · Use XML version 1.0 - The current version of the FATCA XML schemas is written using v1. · All schema namespaces should be declared atOECD (2019), Common Reporting Standard XML Schema: User Guide for Tax The CRS schema is re-using the FATCA schema and elements of STF, so there are.