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T : +63 (2) 524 4745, 524 4750 536 4452, 302 7101 (LOC. 101108) f : +63 (2) 302 7036 e : apply erecruitment.com.pH w : www.lbsrecruitment.com.ph License No. POEA223LB110411R Room M3M5 No. 610 Gochangco
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What is f e w we?
FEWWE stands for Foreign Bank Account Report (FBAR) which requires U.S. persons to report their foreign financial accounts.
Who is required to file f e w we?
Any U.S. person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year.
How to fill out f e w we?
The FBAR must be filed electronically through the Financial Crimes Enforcement Network (FinCEN) website using Form 114.
What is the purpose of f e w we?
The purpose of the FBAR is to combat tax evasion by ensuring that U.S. persons report their foreign financial accounts.
What information must be reported on f e w we?
The FBAR requires the reporting of the maximum value of each foreign financial account during the calendar year.
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