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Volume 25, Issue 2, June 2013 The official quarterly publication of the Big Bend Chapter of the Florida PBA INSIDE 2 FAME Welcome 3 From Your Editor 4 Feed The Hog 5 Executives Say Caring for Employees
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What is flpba?
FLPBA stands for Foreign Bank and Financial Accounts.
Who is required to file flpba?
U.S. persons who have a financial interest in or signature authority over foreign financial accounts must file FLPBA.
How to fill out flpba?
FLPBA must be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
What is the purpose of flpba?
The purpose of FLPBA is to prevent tax evasion by providing the government with information about foreign financial accounts held by U.S. persons.
What information must be reported on flpba?
FLPBA requires the reporting of the maximum value of each foreign financial account during the calendar year.
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