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GRASS ROOTS REPORT OCTOBER 2012 The Official Newsletter of the ND Township Officers Association WHAT'S INSIDE Presidents Comments ............................... Page 2 & 6 Executive Secretaries's
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What is ndtoa?
ndtoa stands for Non-Disclosure Tax Optimized Account. It is a tax form used to report financial accounts held by US taxpayers in foreign financial institutions.
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US taxpayers who have financial accounts in foreign financial institutions with a total value exceeding $10,000 at any time during the calendar year are required to file ndtoa.
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