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R T R M S ! I 'Y, '! El EIETJJT l?on CHIC AGO TR.AN SIT AUTHOR.; 'l.2 WE '.t, O 'YES E I. I. You J1 TX. I. I. The 273rd Meeting of the Retirement Allowance, Committee was held on February 22, 1972,
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RTM stands for Report of Foreign Bank and Financial Accounts, a form required by the US Department of Treasury to report foreign financial accounts.
US persons with foreign financial accounts exceeding $10,000 at any time during the calendar year are required to file RTM.
RTM can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
The purpose of RTM is to prevent tax evasion by US persons using foreign accounts to hide assets and income.
RTM requires disclosure of the account holder's personal information, account details, and maximum value of the account during the year.
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