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IIETPAFEIIN stands for International Information Exchange Taxpayer Account Foreign Account Entity Identification Number.
Certain foreign entities with financial accounts in the United States are required to file IIETPAFEIIN.
IIETPAFEIIN can be filled out online through the designated tax authority's website.
The purpose of IIETPAFEIIN is to provide information about foreign financial accounts held in the United States for tax compliance purposes.
IIETPAFEIIN requires reporting of account holder information, account balances, and income earned on the account.
The deadline to file IIETPAFEIIN in 2023 is April 15th.
The penalty for late filing of IIETPAFEIIN is a monetary fine based on the amount of tax owed.
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