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RURAL MUNICIPALITY of MARIPOSA NO. 350 Minutes of the Twelfth Meeting of the Council of the R.M. of Mariposa No. 350 held Wednesday the 11th day of October 2017 in the Municipal Office at Robert,

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What is 350 held?

350 held refers to the report of foreign bank and financial accounts, also known as FBAR.

Who is required to file 350 held?

Any US person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year.

How to fill out 350 held?

The FBAR form, FinCEN Form 114, can be filed electronically through the BSA E-Filing System.

What is the purpose of 350 held?

The purpose of FBAR is to combat tax evasion by ensuring US persons report their foreign financial accounts to the IRS.

What information must be reported on 350 held?

The FBAR form requires the reporting of the maximum value of each foreign financial account during the calendar year.

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