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Ottawa Power and Sail Squadron Idea Ripples February×March 2009 Membership Officer at membership cpsottawa.com who will include it in this year's Roster, and 2. Provide your MMS number to the Burnaby

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What is rideau ripples?

Rideau Ripples is a report filed to disclose financial transactions and assets held in foreign accounts by US taxpayers.

Who is required to file rideau ripples?

Any US taxpayer who has financial interest in, or signature authority over, foreign financial accounts must file Rideau Ripples.

How to fill out rideau ripples?

Rideau Ripples can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website by providing detailed information about the foreign accounts.

What is the purpose of rideau ripples?

The purpose of Rideau Ripples is to prevent tax evasion by ensuring US taxpayers disclose their foreign financial accounts.

What information must be reported on rideau ripples?

Information such as the account holder's name, address, account number, financial institution, and highest balance during the reporting period must be reported on Rideau Ripples.

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