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J P-7 is a form used to report information related to foreign accounts and assets.
U.S. persons with foreign financial accounts and assets exceeding certain thresholds are required to file j p-7.
J P-7 can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.
The purpose of j p-7 is to help the government combat money laundering and other financial crimes by tracking foreign accounts and assets.
Information such as account numbers, maximum values, and location of foreign financial accounts and assets must be reported on j p-7.
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