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CITY OF PHOENIX RETIREES ASSOCIATION (COPRA)COPRA MEMBERSHIP APPLICATIONCITY OF PHOENIX RETIREES ASSOCIATION COPRA Chronicle Email Sequestrate of Retiree (Please Print)Name of SpouseMailing AddressTelephone
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Copra Phoenix is a reporting requirement for certain financial institutions to report information about accounts owned by US persons to the IRS.
Financial institutions located outside the United States are required to file copra phoenix if they have accounts owned by US persons.
Copra Phoenix must be filled out electronically through the IRS's online portal using the XML schema provided by the IRS.
The purpose of copra phoenix is to combat tax evasion by US persons who hold accounts in foreign financial institutions.
Copra Phoenix requires financial institutions to report information about the account holder, the account balance, and any interest or dividends earned on the account.
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