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Who needs r e t r?

1. Individuals who are required to report on certain activities or events.
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What is r e t r?

R E T R stands for Report of Foreign Bank and Financial Accounts, also known as FBAR.

Who is required to file r e t r?

U.S. persons, including citizens, residents, and entities, with financial interest in or signature authority over foreign financial accounts exceeding certain thresholds are required to file R E T R.

How to fill out r e t r?

R E T R can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website by providing information about the foreign financial accounts.

What is the purpose of r e t r?

The purpose of R E T R is to combat tax evasion by ensuring that U.S. persons report their foreign financial accounts.

What information must be reported on r e t r?

Information such as the account number, name on the account, financial institution's name and address, and maximum value of the account during the reporting period must be reported on R E T R.