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MGA Profile Interview×Intake General Information Profile Part I Participants Name: Date: Person Completing Profile: Project Year: Information in sections 1 ×a g×, 2 ×a & c×, 3 & 4 is self-explanatory
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What is mgampa?
Mgampa stands for Report of Foreign Bank and Financial Accounts (FBAR) which is used to report a financial interest in or signature authority over a foreign financial account.
Who is required to file mgampa?
U.S. persons, including citizens, residents, and entities, that have a financial interest in or signature authority over foreign financial accounts totaling more than $10,000 at any time during the calendar year.
How to fill out mgampa?
Mgampa can be filled out online through the FinCEN BSA E-Filing System or by mailing a paper form to the U.S. Department of the Treasury.
What is the purpose of mgampa?
The purpose of mgampa is to report foreign financial accounts to help combat tax evasion and money laundering.
What information must be reported on mgampa?
Information such as the name on the account, account number, name and address of the foreign financial institution, and the maximum value of the account during the reporting period must be reported on mgampa.
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