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TRUSTS & ESTATES SECTION T H E S TAT E B A R O F C A L I F O R N NOTICE OF PROPOSED ACTION BY TRUSTEE LEGISLATIVE PROPOSAL (T&E201606) TO:Office of Governmental AffairsFROM:Yvonne A. Archer, Member

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What is ascher member of form?

Ascher member of form is a form used to report financial interests in foreign financial accounts.

Who is required to file ascher member of form?

US citizens, residents, and certain non-resident aliens who have a financial interest in or signature authority over foreign financial accounts.

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The form can be filled out electronically and submitted online or through mail to the IRS.

What is the purpose of ascher member of form?

The purpose of the form is to prevent tax evasion by requiring individuals to report their foreign financial accounts.

What information must be reported on ascher member of form?

Information such as the name of the financial institution, account number, and maximum value of the account during the reporting period.

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