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FRAME Prayer Diary December 2015 Monday Tuesday 1st Pray for all involved in FRAME America. May God inspire, bless and renew them in their ministry and fundraising works. Wednesday 2nd Pray for the
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FRRME America stands for Foreign Account Tax Compliance Act (FATCA) Reporting and Filing System for Reporting Model 1 IGA jurisdictions.
Foreign financial institutions (FFIs) and certain non-financial foreign entities (NFFEs) are required to file FRRME America.
FRRME America can be filled out online through the FATCA Reporting System website.
The purpose of FRRME America is to report information on U.S. account holders to the IRS in order to prevent tax evasion.
FRRME America requires reporting on account holders' identifying information, account balances, and income.
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