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APRIL 19, 2015, THIRD SUNDAY OF EASTER. F A T x Vt v V v Marrow n de Santa Ana 1344 S. Main Street, Santa Ana, CA 92707 Phone (714) 835-743 — Fax (714) 242-9704 Parish Website: Spanish.org Pastor
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FATCA stands for Foreign Account Tax Compliance Act. It is a US tax law that requires foreign financial institutions to report information about accounts held by US taxpayers to the IRS.
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US taxpayers who have financial accounts abroad are required to file FATCA with the IRS.
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The purpose of FATCA is to combat tax evasion by US persons holding investments in foreign accounts.
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Information that must be reported on FATCA includes the account holder's name, account number, balance, and income.
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