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Ready, Set, Internet F an m i l y C o n t r a c t The parents in our family will always: Keep the computer in a common area of the house such as the family room or kitchen. Use filters and other parental
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What is FAMI?
FAMI stands for Foreign Account Tax Compliance Act.
Who is required to file FAMI?
Financial institutions and certain individuals are required to file FAMI.
How to fill out FAMI?
FAMI can be filled out online through the IRS FATCA registration system.
What is the purpose of FAMI?
The purpose of FAMI is to combat tax evasion by US persons holding accounts overseas.
What information must be reported on FAMI?
Information such as account balances, interest, dividends, and account holders must be reported on FAMI.
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