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F an m i l y f o o t i n g s www.familyfootings.org A MacIntyre Project Artwork 2011 by MacIntyre. Registered charity number 250840 Learning Log What did the child.
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F A M I stands for Foreign Account Tax Compliance Act (FATCA), which is a United States federal law requiring foreign financial institutions to report on the financial accounts held by US persons.
Financial institutions located outside the US are required to file FATCA reports.
FATCA reports can be filled out electronically using the IRS FATCA Portal.
The purpose of FATCA is to prevent tax evasion by US persons holding financial accounts abroad.
Information such as account balance, interest, dividends and other income must be reported on FATCA.
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