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KEY FOCUS AREA: Economic Vibrancy AGENDA DATE: February 13, 2013, COUNCIL DISTRICT(S): 7 DEPARTMENT: Housing/Community Services CMO: Ryan S. Evans, 6703314 MAP SCO: 46 N P T SUBJECT Authorize the
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What is 46n p t?
46n p t stands for Form 46n Report of Foreign Bank and Financial Accounts.
Who is required to file 46n p t?
Any United States person who has a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds must file Form 46n p t.
How to fill out 46n p t?
Form 46n p t can be filled out electronically through the FinCEN's BSA E-Filing System.
What is the purpose of 46n p t?
The purpose of Form 46n p t is to report foreign financial accounts to the IRS in order to prevent tax evasion.
What information must be reported on 46n p t?
Form 46n p t requires reporting the maximum value of the accounts, the location of the accounts, and the account numbers.
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