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DECEMBER 2014T H E PI N K TO FREE N TOOL I T:
B U I LD I N G C CULTURE AL COM P AGENCY AND
RE S P E CT FOR D FIVE R SI TY
C R E AT E D B Y W I D E R O P P O R T U N I T I E S FO R W O M E N FO R T
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What is re s p e?
re s p e stands for Report of Foreign Bank and Financial Accounts (FBAR).
Who is required to file re s p e?
Any United States person who has a financial interest in or signature authority over foreign financial accounts must file re s p e.
How to fill out re s p e?
re s p e can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website.
What is the purpose of re s p e?
The purpose of re s p e is to report foreign financial accounts to prevent tax evasion.
What information must be reported on re s p e?
Information such as the account number, name on the account, name of the financial institution, and maximum value of the account must be reported on re s p e.
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