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Friendster FRIENDS OF METRO PARKS LORAIN COUNTY news 20132014 Board of Trustees, Support Staff & Leaders 20132014 Trustees Cheryl JunePresident Barb Disservice President FRIENDSTER Jennifer LawsonTreasurer
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What is o p a r?
O P A R stands for Report of Foreign Bank and Financial Accounts.
Who is required to file o p a r?
Any United States person who has a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds.
How to fill out o p a r?
O P A R can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
What is the purpose of o p a r?
The purpose of O P A R is to prevent tax evasion by U.S. persons holding money in foreign accounts.
What information must be reported on o p a r?
Information such as the name of the account holder, account number, name and address of the foreign financial institution, and the highest value of the account during the reporting period.
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