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Commercial (225) 9254704 STATE OF LOUISIANA AL ATER SECRETARY OF STATE SECRETARY OF STATE Administrative Services (225) 9254704 Fax (225) 9254726 (225) 9220435 HELEN J. COMBO ADMINISTRATOR TRANSMITTAL
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Al ater is a form used to report foreign bank accounts to the Internal Revenue Service (IRS).
Any U.S. person who has a financial interest in or signature authority over foreign bank accounts with an aggregate value exceeding $10,000 at any time during the calendar year is required to file al ater.
Al ater can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website.
The purpose of al ater is to help the IRS identify individuals who may be evading taxes by hiding income in foreign bank accounts.
Al ater requires information such as the account number, name of the financial institution, and the highest aggregate value of the account during the year.
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