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Ab 1915 www.ekirikas.com 16 2007 / day, July 16, 2007, NATIONAL HERALD VOL. 93 No.30713 GREEKAMERICAN DAILY NY, NJ, CT, MA $1.00/CANADA $1.30 15
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A b - snforg is a form used to report certain foreign financial accounts.
Any U.S. person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year.
The b - snforg can be filed electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
The purpose of a b - snforg is to report foreign financial accounts to help prevent tax evasion and money laundering.
Information such as the account number, name and address of the financial institution, and the maximum value of the account during the reporting period.
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