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F ran c is A. D i L u n a PRESIDENT America s Oldest Jam e s P. O Brie n GENERAL MANAGER Founded1818 Charles E. Larger Family Foundation 2014 Scholarship Award Application Guidelines The Larger Foundation
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What is f ra n c?
FRA N C stands for Foreign Bank Account Report. It is a report required by the US government to disclose foreign financial accounts.
Who is required to file f ra n c?
US persons including citizens, residents, and entities must file FRA N C if they have a financial interest in or signature authority over foreign financial accounts.
How to fill out f ra n c?
FRA N C can be filed electronically through the Financial Crimes Enforcement Network (FinCEN) website using the Report of Foreign Bank and Financial Accounts (FBAR) form.
What is the purpose of f ra n c?
The purpose of FRA N C is to help combat tax evasion by providing the US government with information about foreign financial accounts held by US persons.
What information must be reported on f ra n c?
FRA N C requires the disclosure of the account holder's name and address, the account number, the name and address of the foreign financial institution, and the maximum value of the account during the reporting period.
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