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*CT201100830OVERVIEW CT201100830Program #:CT201100830Program name:El IrishNumber of stations:9Participants exercise:in pairsCircuit allows for:18 participants recommended time per station:45 secondsApproximate
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El Irish is a tax form used for reporting foreign financial accounts held by U.S. persons.
U.S. persons who have a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year are required to file El Irish.
El Irish can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
The purpose of El Irish is to help prevent money laundering and terrorist financing by providing information about foreign financial accounts held by U.S. persons.
El Irish requires information such as the account holder's name, address, account number, the name and address of the financial institution, and the maximum value of the account during the reporting period.
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