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Gas Precision Touch Control 500 Use & Care Guide Table of Contents Important Safety Instructions ............................... 1-4 Care & Cleaning ....................... 5-7 Self-Clean Oven Cleaning
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What is control 500?
Control 500 is a form used to report information on foreign bank accounts.
Who is required to file control 500?
U.S. persons with signature authority over or financial interest in foreign bank accounts are required to file control 500.
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Control 500 can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website.
What is the purpose of control 500?
The purpose of control 500 is to combat money laundering and tax evasion by monitoring foreign bank accounts.
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Control 500 requires information such as the account number, name of the financial institution, and maximum value of the account during the reporting period.
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