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ENROLLED ORIGINAL AN ACT. C. ACT 20365
IN THE COUNCIL OF THE DISTRICT OF COLUMBINE 23, 2014
To amend the District of Columbia Air Pollution Control Act of 1984 to modify and clarify the
authority
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What is act 20-365?
Act 20-365 is a tax form used by individuals or entities to report their foreign financial accounts.
Who is required to file act 20-365?
Individuals or entities who have foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year are required to file act 20-365.
How to fill out act 20-365?
Act 20-365 can be filled out electronically or by mailing a paper form to the IRS. Information such as account numbers, financial institution names, and maximum account values must be reported.
What is the purpose of act 20-365?
The purpose of act 20-365 is to prevent tax evasion by ensuring that individuals and entities report their foreign financial accounts to the IRS.
What information must be reported on act 20-365?
Information such as account numbers, financial institution names, maximum account values, and the country where the account is located must be reported on act 20-365.
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