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FFA Membership Number: ............................................. FORMER FAO AND OTHER UN STAFF ASSOCIATION FFA Membership Application Form to be completed and submitted to the FFA Office with
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Former FAO stands for Former Foreign Account Ownership Report and OFORMR stands for Other Foreign Asset Ownership Report. These are reports required by the government to disclose foreign financial accounts and assets.
U.S. citizens, residents, and certain non-resident aliens who have foreign financial accounts or assets exceeding certain thresholds are required to file former FAO and OFORMR.
Former FAO and OFORMR can be filled out electronically through the FinCEN website using the appropriate forms and following the instructions provided.
The purpose of former FAO and OFORMR is to help prevent tax evasion by ensuring that individuals disclose their foreign financial accounts and assets.
On former FAO and OFORMR, individuals must report details of their foreign financial accounts, including account numbers, balances, and the financial institution where the account is held.
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