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.......... F I S K I S Dalshrauni 1 S: 569 7900 T O F A 220 Hafnarfiri F: 569 7990 fiskistofa.is w w w. f i s k i s t o f a . I s MSN um last til via begum Fishtail (t.d. 2011×2012 o.s.FRS.): Tolerant
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What is f i s k?
f i s k stands for Foreign Bank and Financial Accounts Report. It is a form used to report foreign financial accounts.
Who is required to file f i s k?
US persons, including citizens, residents, and entities that have a financial interest in or signature authority over foreign financial accounts, are required to file f i s k if the aggregate value of the accounts exceeds $10,000 at any time during the calendar year.
How to fill out f i s k?
f i s k can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System. Detailed instructions are provided on the form itself.
What is the purpose of f i s k?
The purpose of f i s k is to combat tax evasion and money laundering by providing the US government with information about foreign financial accounts held by US persons.
What information must be reported on f i s k?
f i s k requires filers to provide information about the foreign financial institution where the account is held, the account number, the highest balance in the account during the reporting period, and the taxpayer identification number associated with the account.
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