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COVER SHEET SEC Registration Number 1 5 2 6 6 1 C I T Y & Company Name D E V E L O P E R S, L A N D I N C O R P O R A T E D 3 r d F l Principal Office (No. Street Barangay City Town Province) o r,
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What is o o r?
o o r stands for Report of Foreign Bank and Financial Accounts (FBAR), which is a form used to report a financial interest in or signature authority over foreign financial accounts.
Who is required to file o o r?
Any United States 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 FBAR.
How to fill out o o r?
FBAR can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website by providing information about the foreign financial accounts.
What is the purpose of o o r?
The purpose of FBAR is to combat tax evasion by ensuring that taxpayers with foreign financial accounts comply with reporting requirements.
What information must be reported on o o r?
FBAR requires reporting information about the foreign financial accounts, including the account number, name on the account, the account's maximum value during the year, and the financial institution's name and address.
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