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Sponsor CILIA North America Pacific Chapter Breakfast with Guest Speaker Andy Smith Former BC's Container Trucking Commissioner Thursday, October 8, 2015, Registration 7:00 am, Breakfast 7:30 9:00
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CILTA North America Pacific is a form used to report financial information related to foreign assets.
Any individual or entity, including US citizens, resident aliens, and certain non-resident aliens, who have a financial interest in or signature authority over foreign financial accounts must file CILTA North America Pacific.
CILTA North America Pacific can be filled out electronically through the Financial Crimes Enforcement Network's (FinCEN) BSA E-Filing system.
The purpose of CILTA North America Pacific is to help the US government combat tax evasion and money laundering by tracking foreign financial assets.
CILTA North America Pacific requires reporting of the account holder's identifying information, the account number, the name and address of the foreign financial institution, and the maximum value of the account during the reporting period.
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