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April 2012 Newsletter of the Boeing Employees Flying Association BETA Newsletter BETA: Phone (New Prefix: (425) 2712332), M/S 9435 New Members Name Ron Hanson Barium Martin Morris S. Scott Thomason
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Scott Thordarson is a tax form used to report certain foreign bank and financial accounts.
U.S. persons, including citizens, residents, and entities, are required to file Scott Thordarson if they have a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds.
Scott Thordarson can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.
The purpose of Scott Thordarson is to combat tax evasion and money laundering by requiring the reporting of foreign financial accounts.
Scott Thordarson requires information such as the account number, name of the financial institution, and the maximum value of the account during the reporting period.
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