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THE
COVER LETTERHANDBOOKf o r C o FA s t u d e n t s an n d an l u m n fine Arts
Career Services
The University of Texas at Austin×UTF ACS
UTexas.edu/finearts/careers
FACS×Austin. Texas.define ARTS
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What is facsaus tin?
FACSAUS TIN stands for Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) Taxpayer Identification Number.
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Financial institutions and individuals with foreign financial accounts are required to file FACSAUS TIN.
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The purpose of FACSAUS TIN is to combat tax evasion by ensuring that individuals and institutions report their foreign financial accounts to the tax authorities.
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Information such as account holder's name, account number, account balance, and income earned from the account must be reported on FACSAUS TIN.
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