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Published under s. 35.93, Wis. Stats., by the Legislative Reference Bureau. 81DEPARTMENT OF TRANSPORTATIONTrans 104.03Chapter Trans 104 EXAMINATION PROCEDURES FOR OPERATORS LICENSE Trans 104.01 Trans
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Trans 104 is a form used to report certain information regarding transactions with foreign persons.
Any individual, corporation, partnership, estate, or trust that engages in reportable transactions with foreign persons is required to file Form Trans 104.
Trans 104 can be filled out online or on paper. The form requires information such as the type of transaction, the foreign person involved, and the monetary value of the transaction.
The purpose of trans 104 is to report information to the IRS about transactions with foreign persons in order to prevent tax evasion and money laundering.
Information such as the type of transaction, the foreign person's identification number, the amount of the transaction, and any taxes withheld must be reported on trans 104.
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