What does FATCA require PayPal to report?

If PayPal determines that an account is reportable under FATCA (based on its analysis of account holder information), PayPal must either report information to the local tax authority, or to the IRS if the applicable account balance has reached a certain threshold. The reportable information generally consists of customer information (e.g. name, address, and tax identification number (“TIN”)) and account balance information. FATCA requires reporting on an annual basis in most jurisdictions.