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Page 1 1978 Castellón 125, 4 B.L.R. 50, 18 O.R. ×2d× 601, 83 D.L.R. ×3d× 4001978 Castellón 125, 4 B.L.R. 50, 18 O.R. ×2d× 601, 83 D.L.R. ×3d× 400 Tilde Rental Co. v. Condemning TILDE RENTAL
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50 18 o refers to a form used for reporting information related to foreign financial assets.
US persons who have a financial interest in or signature authority over foreign financial accounts are required to file form 50 18 o.
Form 50 18 o can be filled out electronically using the FinCEN BSA E-Filing system.
The purpose of form 50 18 o is to report information on foreign financial accounts in order to help combat tax evasion and money laundering.
Information such as the name and address of the foreign financial institution, the account number, and the maximum value of the account during the reporting period.
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