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CITY OF FERNANDINA BEACH, FLORIDA INVITATION TO BID # 1505 UTILITIES INTRODUCTION The City of Fernandina Beach, Florida is accepting competitive sealed bids for Water Tower Pipe Replacement. The City
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FBFL stands for Foreign Bank and Financial Accounts form. It is a form required by the United States Department of the Treasury to report foreign financial accounts.
Any United States person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year must file FBFL.
FBFL can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website. The form requires information about the account holder, account details, and any foreign financial institutions where the accounts are held.
The purpose of FBFL is to prevent tax evasion and money laundering by requiring individuals to report their foreign financial accounts to the US government.
Information such as the account holder's name, account number, financial institution name and address, and the maximum account value during the calendar year must be reported on FBFL.
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