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NEWSLETTER No. 185November 8, 2017Soto St. & Mission Rd. Improvement Project Dedication Removal of the Soto St. Bridge Reconnects the Community Saturday, October 28, 2017, Council member Jose Guitar
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Soto St stands for Statement of Transaction of Overseas Source.
Individuals or entities who have transactions with overseas sources are required to file Soto St.
Soto St can be filled out online through the designated platform provided by the relevant authorities.
The purpose of Soto St is to track and monitor transactions with overseas sources to prevent tax evasion and money laundering activities.
Information such as the nature of the transaction, the amount involved, the parties involved, and the purpose of the transaction must be reported on Soto St.
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