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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL Washington, D.C. 20549 OMB 3235 Check this box if no STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF longer subject to Section
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12700 Park Central is a form used to report certain foreign bank and financial accounts to the IRS.
U.S. persons, including individuals, corporations, partnerships, and trusts, with financial interest in or signature authority over foreign bank and financial accounts must file Form 12700 Park Central.
Form 12700 Park Central can be filled out electronically using the BSA E-Filing System or by filling out a paper form and mailing it to the appropriate address.
The purpose of Form 12700 Park Central is to report foreign bank and financial accounts to the IRS in order to combat tax evasion and ensure compliance with U.S. tax laws.
Form 12700 Park Central requires the reporting of the name and address of the financial institution where the account is held, the type of account, and the maximum value of the account during the reporting period.
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