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2 011 U. S. I N T E L L E C T UA L PROPER T Y
EN F ONCE M EN T CO OR DI N AT OR
A N UA L R E P OR T ON
I N T E L L E C T UA L PROPER T Y
EN F ONCE M EN TM A RCH 2 012ContentsLetter to the President
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i n t e stands for International Tax Enforcement and refers to the reporting requirements for foreign financial accounts.
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U.S. persons, including individuals and entities, who have a financial interest in or signature authority over foreign financial accounts that exceed certain thresholds are required to file i n t e.
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i n t e is typically filled out electronically through the FinCEN Form 114, also known as the FBAR (Foreign Bank Account Report), which is submitted online.
What is the purpose of i n t e?
The purpose of i n t e is to combat tax evasion by collecting information on foreign financial accounts held by U.S. persons.
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Information such as the account holder's name, address, account number, and maximum value of the account during the reporting period must be reported on i n t e.
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