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King Fahd University of Petroleum & Minerals MECHANICAL ENGINEERING DEPARTMENT ME 315 : HEAT TRANSFER Fall Semester 20072008 (071) Name Final Exam Student # Time Allowed: TWO hours Sunday: Monday,

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What is me 315?

ME 315 is a tax form used to report certain transactions related to foreign financial accounts.

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Individuals or entities who have foreign financial accounts that meet the reporting threshold are required to file ME 315.

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ME 315 can be filled out electronically or on paper, and requires detailed information about the foreign financial accounts.

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The purpose of ME 315 is to report foreign financial accounts to the IRS in order to comply with tax regulations.

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Information such as the account holder's name, account number, financial institution's name and address, and the maximum value of the account during the year must be reported on ME 315.

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