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F o r A CE I us e o n l y DATE: BR 9461 Sharpeville Boulevard, Box 188, Beverly Hills, CA 90212, USA Phone: 310.275.3530 Fax: 310.275.3528 Website: www.aceiglobal.org Email: aka aceiglobal.org REF#
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F O R A stands for Foreign Account Tax Compliance Act.
Financial institutions and certain individuals holding foreign financial accounts are required to file F O R A.
Filling out F O R A involves providing information about foreign financial accounts and reportable transactions.
The purpose of F O R A is to combat tax evasion by US persons holding foreign financial accounts.
Information such as account balances, income, and account ownership must be reported on F O R A.
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