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P O R TA B L E R E F R I GE R ACTOR For models manufacture d for o m 2 0 0 9The National Luna range of products have been designed and manufactured in South Africa since 1989. Every product sold is
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What is p o r ta?
PO RTA stands for Report of Foreign Bank and Financial Accounts. It is a form required by the US Department of Treasury to report foreign financial accounts.
Who is required to file p o r ta?
US persons including citizens, residents, and business entities that have a financial interest in or signature authority over foreign financial accounts with a total aggregate value exceeding $10,000.
How to fill out p o r ta?
PO RTA can be filled out online through the Financial Crimes Enforcement Network's BSA E-Filing System or by mailing a paper form to the Treasury Department.
What is the purpose of p o r ta?
The purpose of PO RTA is to combat tax evasion and money laundering by ensuring that US persons report their foreign financial accounts.
What information must be reported on p o r ta?
PO RTA requires filers to report the name of the financial institution, type of account, account number, and maximum value of the account during the reporting period.
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