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OCTOBER 2015 TALKING ABOUT THE PROBLEM CAN LEAD TO A SOLUTION By: Senator Jim Tracy The old saw that says talking about the problem won't fix it is right in a lot of cases, but its dead wrong when
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oct-15 is a tax form used by individuals who have foreign financial accounts or assets to report their income to the American council.
Any individual who meets the threshold for reporting foreign financial accounts or assets is required to file oct-15 with the American council.
To fill out oct-15, individuals must provide information about their foreign financial accounts or assets, including income earned and any taxes paid.
The purpose of oct-15 is to ensure that individuals with foreign financial accounts or assets are reporting their income accurately and paying any required taxes.
Information such as foreign account balances, income earned, and taxes paid on foreign assets must be reported on oct-15.
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