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RECREATIONAL AUTHORITY OF ROSEVILLEEASTPOINTE 18185 SYCAMORE, ROSEVILLE, MI 48066 5867777177 OFFICE HOURS: 8:30 A.M.4:30 P.M. MONDAYFRIDAY www.raremi.orgSENIOR ACTIVITIES NEWSLETTER NOVEMBERDECEMBER
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What is rare-mi?
Rare-mi stands for Report of Foreign Bank and Financial Accounts.
Who is required to file rare-mi?
US persons with financial interest in, or signature authority over, foreign financial accounts exceeding certain thresholds are required to file rare-mi.
How to fill out rare-mi?
Rare-mi can be filled out online through the FinCEN website or by submitting a paper form.
What is the purpose of rare-mi?
The purpose of rare-mi is to combat tax evasion and money laundering by tracking foreign financial accounts held by US persons.
What information must be reported on rare-mi?
Information such as account numbers, values, and details of the foreign financial institution must be reported on rare-mi.
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