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11RIT an r 7TWIN :ainiquviMINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 26th May 2015 G.S.R. 428(E). In exercise of the powers

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What is 11rit a r 7twin?

11rit a r 7twin is a form used for reporting foreign bank and financial accounts.

Who is required to file 11rit a r 7twin?

Individuals or entities with financial interest in or signature authority over foreign financial accounts exceeding certain thresholds are required to file 11rit a r 7twin.

How to fill out 11rit a r 7twin?

11rit a r 7twin can be filled out electronically through the FinCEN BSA E-Filing System or by submitting a paper form to the IRS.

What is the purpose of 11rit a r 7twin?

The purpose of 11rit a r 7twin is to prevent tax evasion by requiring the disclosure of foreign financial accounts.

What information must be reported on 11rit a r 7twin?

11rit a r 7twin requires reporting of the account number, name and address of the foreign financial institution, maximum value of the account during the year, and more.