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I OWA d e p an r t m e NT o f Rev e n u e an n d F i n an n c e PLEASE TYPE OR PRINT LEGIBLY Iowa Business Tax Registration Form If you are applying for more than one type of tax permit and the mailing
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DEPA stands for Report of Foreign Bank and Financial Accounts.
U.S. persons, including citizens, residents, and entities, who have a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds are required to file DEPA.
DEPA can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website by providing information about the foreign financial accounts.
The purpose of DEPA is to combat tax evasion by providing the government with information about foreign financial accounts held by U.S. persons.
DEPA requires information such as the name of the financial institution where the account is held, the account number, and the maximum value of the account during the reporting period.
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