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Fa l C o n f e r e n c e CONSTITUTIONAL OFFICERS A S S O C I AT I O N O F G E O R G I A, I N C. October 59, 2015 Savannah, Georgia C O A G Fa l C o n f e r e n c e The Fall Conference of the Constitutional
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What is fa l l c?
Fa l l c stands for Foreign Account Tax Compliance Act.
Who is required to file fa l l c?
US taxpayers holding foreign financial assets.
How to fill out fa l l c?
By using Form 8938 and reporting all required information.
What is the purpose of fa l l c?
To prevent tax evasion by US taxpayers using foreign accounts.
What information must be reported on fa l l c?
Details of foreign financial assets including account balances and income.
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