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D I F F E R E N T TO R L D S,
D I F F E R E N T SK I N S
Volume 2: More of Humanities Encounters with Other Races. D I F F E R E N T TO R L D S,
D I F F E R E N T SK I N S
Volume 2: More of Humanities
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What is d i f f?
The Disclosure of Interests in Foreign Financial Accounts (D I F F) is a form that must be filed by U.S. persons who have a financial interest in or signature authority over foreign financial accounts.
Who is required to file d i f f?
U.S. persons, including citizens, residents, and entities, who meet the reporting threshold for foreign financial accounts are required to file D I F F.
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D I F F can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
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The purpose of D I F F is to report information about foreign financial accounts to the U.S. government for the purpose of combating tax evasion and money laundering.
What information must be reported on d i f f?
D I F F requires reporting information such as the account holder's name, address, account number, and the maximum value of the account during the reporting period.
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