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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 OMB APPROVAL OMB Number: 32350287 Expires: January 31, 2008, Estimated average burden hours per response. . . . . 0.5
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Section 1474-06-03 refers to a specific IRS reporting requirement related to certain foreign financial institutions.
Financial institutions that fall under the criteria set by the IRS are required to file sec 1474 06-03.
Sec 1474 06-03 can be filled out electronically through the IRS's online portal, following the specific guidance provided by the IRS.
The purpose of sec 1474 06-03 is to help the IRS track and monitor foreign financial transactions to ensure compliance with tax laws.
Sec 1474 06-03 requires detailed information about foreign financial accounts, transactions, and related parties.
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