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’D R A F T /U N A P P R O V E D)
VIRGINIA BOARD OF PHARMACY
MINUTES OF PILOT INFORMAL CONFERENCE COMMITTEE
Monday, March 23, 2015,
Commonwealth Conference Center
Second Floor
Board Room 1Department
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What is d r a f?
D R A F stands for Declaration of Reportable Accounts Framework.
Who is required to file d r a f?
Financial institutions are required to file D R A F.
How to fill out d r a f?
D R A F can be filled out online through the designated reporting portal.
What is the purpose of d r a f?
The purpose of D R A F is to report information on reportable accounts for tax purposes.
What information must be reported on d r a f?
Information such as account holder details, account balances, and account income must be reported on D R A F.
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