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ROADS AND MARITIME SERVICES (RMS) QA SPECIFICATION R106 SPRAYED BITUMINOUS SURFACING (WITH CUTBACK BITUMEN) NOTICE This document is a Roads and Maritime Services QA Specification. It has been developed
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Who needs rms r106?
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What is rms r106?
rms r106 is a form used for reporting certain foreign financial accounts.
Who is required to file rms r106?
U.S. persons, including individuals, corporations, partnerships, and trusts, who have a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds.
How to fill out rms r106?
rms r106 can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
What is the purpose of rms r106?
The purpose of rms r106 is to combat tax evasion and money laundering by requiring the reporting of foreign financial accounts.
What information must be reported on rms r106?
Information such as the account number, name of the financial institution, and maximum value of the account during the reporting period must be reported on rms r106.
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