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S I T E A UT HO R IT Y F I N A N C I NG A UT H O R I T Y CSU Channel Islands Camarillo, CA 93012California State University Channel Islands Site Authority California State University Channel Islands

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What is f i n a?

FINA stands for the Foreign Account Tax Compliance Act (FATCA) and involves requirements for reporting foreign financial accounts held by U.S. taxpayers.

Who is required to file f i n a?

U.S. taxpayers who have foreign financial accounts that exceed certain thresholds are required to file FINA, including individuals and entities.

How to fill out f i n a?

To fill out FINA, individuals must gather information about their foreign accounts and complete the required forms, typically using the IRS website for guidance.

What is the purpose of f i n a?

The purpose of FINA is to prevent tax evasion by U.S. taxpayers holding assets in foreign financial institutions.

What information must be reported on f i n a?

The information required includes account numbers, institutions' names, addresses, the maximum value of the account during the reporting period, and taxpayer identification information.

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