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Department of the Treasury Internal Revenue Service Office of Chief Counsel Notice CC2011011 March 23, 2011, Subject: Notification to the IRS of Need for Assessment in TERRA Partnership Cases in District
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Notice BCB-011 is a form required to be filed with the IRS for reporting certain financial transactions.
Financial institutions and individuals involved in specified financial transactions are required to file notice BCB-011 with the IRS.
Notice BCB-011 must be filled out electronically through the IRS website with all the required information regarding the financial transaction.
The purpose of notice BCB-011 is to report specific financial transactions to the IRS for tax compliance and enforcement purposes.
Notice BCB-011 requires reporting of details such as the parties involved in the financial transaction, the amount of money involved, and the nature of the transaction.
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