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S0545.1 SENATE BILL 5221 State of Washington56th Legislature1999 Regular Session Senators Patterson and Ainsley; by request of Alternative Public Works Methods Oversight Committee Read first time
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S-0545 is a tax form used for reporting information related to foreign bank accounts.
Any individual or entity who has a financial interest in or signature authority over foreign bank accounts must file s-0545.
S-0545 must be filled out with detailed information about the foreign bank accounts, including account numbers, maximum value during the year, and the country where the account is located.
The purpose of s-0545 is to report foreign bank accounts held by US persons and to comply with the Foreign Bank Account Reporting (FBAR) requirements.
Information such as account numbers, maximum account value during the year, the country where the account is located, and details about joint accounts must be reported on s-0545.
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