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SECTION 316326 DRILLED CAISSONS SPEC WRITER NOTE: Use this section only for NCA projects. Delete text between // // not applicable to project. Edit remaining text to suit project. PART 1 GENERAL1.1.1.1
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Section 316326 pertains to tax filings related to foreign financial accounts.
Individuals and entities with foreign financial accounts exceeding a certain threshold are required to file section 316326.
Section 316326 can be filled out online through the appropriate tax filing software or by consulting a tax professional.
The purpose of section 316326 is to ensure that individuals and entities accurately report their foreign financial accounts to the authorities.
Section 316326 requires information on the account holder, the financial institution holding the account, and the account balance.
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