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Contact: Greg Van Else gave BEAC.bureau European DES Unions de Consommateurs ASBL Her Europische Verbraucherverband Rue Marlon 80, B1040 Brussels Tel. +32 (0)2 743 15 90 www.twitter.com/beuc consumers
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Greg van Elsen is a tax form used to report information about foreign bank accounts.
Individuals and entities with ownership or control over foreign bank accounts are required to file Greg van Elsen.
Greg van Elsen can be filled out electronically using the Treasury Department's online FinCEN Form 114.
The purpose of Greg van Elsen is to combat money laundering and tax evasion by requiring individuals to report their foreign bank account holdings.
On Greg van Elsen, individuals must report the highest balance in each foreign bank account during the year and provide information about the account.
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