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PROMOTION OF ACCESS TO INFORMATION (ACT 2 OF 2000) SECTION 51 MANUAL FOR MO BAX SOUTH AFRICA (PTY) LTD COMPANY REG NO: 2002/014147/07 Directors: P.E. Godfrey, Y.A. Motif, A.P. Seize, F.E. Watkins
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What is mobax?
Mobax is a tax form used to report foreign financial accounts.
Who is required to file mobax?
US persons with a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds.
How to fill out mobax?
Mobax can be filled out electronically through the BSA E-Filing System or by mailing a paper form to the IRS.
What is the purpose of mobax?
The purpose of mobax is to report foreign financial accounts to the IRS to prevent tax evasion.
What information must be reported on mobax?
Information such as the account number, name of the foreign financial institution, and the maximum value of the account during the reporting period.
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