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CDN Resource Laboratories Ltd. #2, 20148 102nd Avenue, Langley, B.C., Canada, V1M 4B4, 6048828422, Fax: 6048828466 (www.cdnlabs.com) REFERENCE MATERIAL: CDNGS5T Recommended value and the “Between
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cdn gs 5t is a form used to report information about certain financial accounts held by US taxpayers in foreign countries.
US taxpayers who have financial accounts in foreign countries with an aggregate value that exceeds $10,000 at any time during the year are required to file cdn gs 5t.
cdn gs 5t can be filled out electronically through the IRS's online portal or by mailing a paper form to the IRS.
The purpose of cdn gs 5t is to help the IRS track and combat tax evasion by US taxpayers holding assets in foreign accounts.
cdn gs 5t requires taxpayers to report information such as the name of the foreign financial institution, the account number, the maximum account value during the year, and the account balance at the end of the year.
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