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' R!r/'L 'I, I!” p !JOB 1r' -l. Hi. .1: l'. 1,., 1)) '” l P -HL!//.:i/1-JG Dept 0u, 2013 :SCP 2 21 8 T r) ''('! , PR×CR002759 Contract: C019350 1 1.; w Vendor: V0285730 MILWAUKEE BOARD OF SCHOOL
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What is rl i i?
rl i i stands for Report of Foreign Bank and Financial Accounts (FBAR), it is a form used to report a financial interest in or signatory authority over foreign financial accounts.
Who is required to file rl i i?
Any U.S. person who has a financial interest in or signatory authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year is required to file Form FinCEN 114, also known as FBAR.
How to fill out rl i i?
The FBAR can be filed electronically through the Financial Crimes Enforcement Network's BSA E-Filing system. The form requires detailed information about each foreign financial account, including the account number, name on the account, and maximum value during the reporting period.
What is the purpose of rl i i?
The primary purpose of the FBAR is to combat money laundering, tax evasion, and other financial crimes by providing the U.S. government with information about foreign financial accounts held by U.S. persons.
What information must be reported on rl i i?
The FBAR requires U.S. persons to report the maximum value of each foreign financial account during the year, the account number, the name on the account, the financial institution's name and address, and any other relevant information.
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