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S Brass a Mn1 9 1 1oci at iochusttsse3 3 r d A n n u an l S t at e w i d e H i g h S c h o lMockTrialProgramPUBLISHED BY THE MASSACHUSETTS BAR INSTITUTE 20 West St., Boston, MA 021111204 Mock Trial
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What is s bar?
S Bar is a form used to report certain financial accounts held outside of the United States.
Who is required to file s bar?
Individuals and entities who have financial accounts outside of the United States that meet certain criteria.
How to fill out s bar?
S Bar can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website.
What is the purpose of s bar?
The purpose of s bar is to report foreign financial accounts to the U.S. government in order to prevent tax evasion.
What information must be reported on s bar?
Information such as account numbers, financial institutions where the accounts are held, and the maximum value of the accounts during the year must be reported on s bar.
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