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VIRGINIA ASSOCIATION OF REALTORS LISTING AGREEMENT EXCLUSIVE RIGHT TO LEASE (This is a legally binding contract; if not understood, seek competent advice before signing.) THIS AGREEMENT made as of,
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What is var form 975?
Var form 975 is a tax form used to report information about certain financial accounts held overseas.
Who is required to file var form 975?
US taxpayers who have financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year are required to file var form 975.
How to fill out var form 975?
Var form 975 can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
What is the purpose of var form 975?
The purpose of var form 975 is to help prevent tax evasion by providing the IRS with information about foreign financial accounts held by US taxpayers.
What information must be reported on var form 975?
Var form 975 requires information such as the account holder's name, address, social security number, the name and address of the foreign financial institution, and the highest aggregate value of the account during the year.
When is the deadline to file var form 975 in 2023?
The deadline to file var form 975 in 2023 is April 15.
What is the penalty for the late filing of var form 975?
The penalty for the late filing of var form 975 can be up to $10,000 per violation.
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