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Bureau of Land Management
Resource Advisory Council
Application
Resource Advisory Councils (RAC) were established by the Federal Land Policy and Management Act (43
U.S.C. 1739), as citizen advisory
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What is revised 301reg of foreign?
Revised 301reg of foreign is a form used to report foreign assets and foreign financial accounts to the IRS.
Who is required to file revised 301reg of foreign?
U.S. persons, including individuals, businesses, and trusts, are required to file revised 301reg of foreign if they have foreign financial accounts or assets that meet the reporting requirements.
How to fill out revised 301reg of foreign?
Revised 301reg of foreign can be filled out online through the FinCEN portal or by mailing a paper form to the IRS.
What is the purpose of revised 301reg of foreign?
The purpose of revised 301reg of foreign is to report foreign financial accounts and assets to the IRS in order to prevent tax evasion and money laundering.
What information must be reported on revised 301reg of foreign?
Revised 301reg of foreign requires the reporting of the value of foreign financial accounts, the type of account, and the maximum value of the account during the year.
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