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United States Court of Appeals for the Federal Circuit 20097039 JULIUS J. GOLD, ClaimantAppellant, v. ERIC K. SHINE, Secretary of Veterans Affairs, RespondentAppellee. Sean A. Rain, Attorney at Law,
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Julius J - CAFC is a form used for reporting foreign bank and financial accounts.
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 is required to file Julius J - CAFC.
To fill out Julius J - CAFC, individuals must provide information about their foreign financial accounts, including the name and address of the financial institution, the account number, and the maximum value of the account during the reporting period.
The purpose of Julius J - CAFC is to help the IRS identify individuals who may be using foreign accounts to evade taxes.
Information such as the name and address of the financial institution, the account number, the type of account, and the maximum value of the account during the reporting period must be reported on Julius J - CAFC.
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