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The Oklahoma Department of Public Safety Procurement Division 3600 N Martin Luther King Blvd, Oklahoma City, OK 731 I F ax 405 425 2022 Phone 405 425 21 7 2 Invitation to Bid #: 2301187 Bid Title:
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FA X 405 425 is a form used by the IRS to report certain transactions related to foreign financial accounts.
Individuals, businesses, and other entities with foreign financial accounts that meet the reporting requirements are required to file FA X 405 425.
FA X 405 425 can be filled out electronically or by mailing a paper form to the IRS. The form requires information about the account holder, the financial institution, and details about the foreign account.
The purpose of FA X 405 425 is to report foreign financial accounts that meet certain criteria to the IRS for tax compliance purposes.
Information such as the account holder's name, account number, financial institution's name and address, and the maximum account value during the reporting period must be reported on FA X 405 425.
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