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111 E SFO 2O / it AIY EM SUBMISSION NO.: PRESENTED: C ADOPTED: BY THE EMERGENCY MANAGER: RESOLUTION AUTHORIZING THE CITY OF FLINT TO ENTER INTO AN EASEMENT AGREEMENT WITH GENERAL MOTORS LLC RELATIVE
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A-IYc-City is a form used to report foreign financial assets.
US persons including individuals, corporations, partnerships, trusts, and estates are required to file a-iy c - city if they meet certain thresholds of foreign financial assets.
A-iy c - city can be filled out electronically using specific software or by submitting a paper form to the IRS.
The purpose of a-iy c - city is to disclose foreign financial assets that may be subject to reporting under the Foreign Account Tax Compliance Act (FATCA).
Information such as the type of foreign financial asset, the maximum value during the tax year, and the country where the asset is held must be reported on a-iy c - city.
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