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8D Pleasant Street So. Natick, MA 01760 Tuesday, October 27, 2009, MAY Dinner Meeting & Safety Saves Seminar Register for Both & Save Money! DIRECTIONS Seminar 1:00 PM 4:00 PM MRS Elm Bank Reservation
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What is 8 r m tu?
8 r m tu stands for Report of Foreign Bank and Financial Accounts, which is used to report foreign financial accounts.
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U.S. persons who have a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the year are required to file 8 r m tu.
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Form 8 r m tu can be filled out electronically online or by mailing a paper copy to the Department of the Treasury.
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The purpose of 8 r m tu is to report foreign financial accounts to the U.S. government in order to prevent tax evasion and money laundering.
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Information such as the account number, name of the foreign financial institution, and the maximum value of the account during the year must be reported on 8 r m tu.
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