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FEATURES: 1 × M A T E R IA L : a × B O D Y : 1 8 G A G — 9 0 G A L V A N IZ E D b × C O V E R : 1 6 G A G — 9 0 G A L V A N IZ E D 2 × F IN IS H : M U N S E L 7 0 5 .0 B G 7. 0 ×0. 4 G R

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What is 1 m a t?

1 m a t stands for Foreign Bank and Financial Accounts Report (FBAR), which is a report required by the US Department of Treasury to disclose foreign financial accounts.

Who is required to file 1 m a t?

US persons with financial interest or signature authority over foreign financial accounts that exceed certain thresholds are required to file 1 m a t.

How to fill out 1 m a t?

1 m a t can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website.

What is the purpose of 1 m a t?

The purpose of 1 m a t is to combat money laundering and tax evasion by providing transparency over foreign financial accounts held by US persons.

What information must be reported on 1 m a t?

Information such as account numbers, names on the accounts, financial institution names, and maximum values of the accounts must be reported on 1 m a t.