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New System Contractor Escrow Account Deposit Form City of Jacksonville - Building Inspection Division Contractor s Name Address TRANSMITTAL NUMBER BIDEP- Contractor Acct. No Deposit Amount Signature C Documents and Settings Pardee Local Settings Temporary Internet Files OLK79A EscrowDepositForm.doc.
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What is bidep?
BIDEF is a form used for reporting foreign bank and financial accounts.
Who is required to file bidep?
Any U.S. person who has a financial interest in or signature authority over one or more foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year.
How to fill out bidep?
BIDEF can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.
What is the purpose of bidep?
The purpose of BIDEF is to prevent tax evasion by U.S. persons through the reporting of foreign financial accounts.
What information must be reported on bidep?
BIDEF requires the reporting of the account holder's name, address, account number, the name and address of the financial institution where the account is held, and the maximum account value during the reporting period.
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