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CHAPTERS OF 20SENATE BILL2.l1f11 ASSEMBLY BILL!JJdl1tSTATE OF NEW YORK 9107A 20072008 Regular Sessions IN ASSEMBLY June 13, 2007Introduced by COMMITTEE ON RULES read once and referred 'to the Committee
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9107--a is a form used for reporting foreign bank and financial accounts (FBAR) to the IRS.
Any US person who has a financial interest in, or signature authority over, foreign financial accounts totaling more than $10,000 at any time during the calendar year.
The form can be filled out electronically through the FinCEN BSA E-Filing System.
The purpose of 9107--a is to report foreign financial accounts and help prevent tax evasion.
Information such as the name of the account holder, account number, name and address of the foreign financial institution, and the maximum value of the account during the year must be reported on 9107--a.
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