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FR Y6 OMB Number 71000297 Approval expires September 30, 2018, Page 1of2. Board of Governors of the Federal Reserve System Report at the close of business as of the end of fiscal year This Report
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39 31 is a form used by certain individuals and entities to report information about foreign financial accounts.
U.S. persons, including individuals, corporations, partnerships, and trusts, who have a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds are required to file 39 31.
Form 39 31 can be filled out electronically through the BSA E-Filing System or by mailing a paper form to the Department of the Treasury.
The purpose of 39 31 is to prevent tax evasion by providing the IRS with information about foreign financial accounts held by U.S. persons.
The form requires reporting of the account holder's identifying information, the account number, name and address of the foreign financial institution, and the maximum value of the account during the reporting period.
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