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RUF RETIRED FACULTY OF THE UNIVERSITY OF FLORIDA, INC. Gainesville, Florida RUF Newsletter, Vol. 28, No. 1, September 2003 Presidents Message BOARD OF DIRECTORS 2003 2004 EDWARD PETRUS PRESIDENT JACK
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What is rfuf?
RFUF stands for Report of Foreign Bank and Financial Accounts, it is a disclosure of foreign financial accounts held by U.S. persons.
Who is required to file rfuf?
U.S. persons with a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds are required to file RFUF.
How to fill out rfuf?
RFUF can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website.
What is the purpose of rfuf?
The purpose of RFUF is to combat tax evasion and money laundering by U.S. persons using foreign financial accounts.
What information must be reported on rfuf?
Information such as the name of the financial institution, the type of account, the maximum value of the account during the year, and the account number must be reported on RFUF.
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