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990 -PF Form OM B N o 1 545-00 52 Return of Private Foundation or Section 4947(AXL) Nonexempt Charitable Trust Treated as a Private Foundation Department of the Treasury Internal Revenue Service (77)
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What is om b n o?
Om b n o stands for Report of Foreign Bank and Financial Accounts. It is a form used to report foreign financial accounts.
Who is required to file om b n o?
Any U.S. person who has a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds is required to file om b n o.
How to fill out om b n o?
The om b n o form can be filled out electronically online through the Financial Crimes Enforcement Network (FinCEN) website.
What is the purpose of om b n o?
The purpose of om b n o 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 om b n o?
Information such as the account number, name of the financial institution, and maximum account value during the year must be reported on om b n o.
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