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11WISCONSIN ADMINISTRATIVE CODE 0i ti 5Chapter Induce 106COVERAGE OF MUSICIANS AND ENTERTAINERS Induce 106.01 Status of band and Induce 106.03 Status of musicians and entertainers who is an orchestra
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i ti 5 is a form used to report foreign financial accounts.
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Any U.S. person with a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds.
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It can be filled out electronically on the FinCEN website or by mail.
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The purpose of i ti 5 is to combat tax evasion and money laundering.
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Information such as the account holder's name, account number, and maximum value of the account during the reporting period.
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