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T H E H O M E TO W N N E W S PA P E R F O R M E N LO PA R K, AT H E RTO N, P O RTO L A VA L E Y A N D W O O D S I D EF E B R U A R Y 2 4, 2 0 1 6 VO L. 5 1 N O. 2 5W W. T H E A L M A N AC O N L I
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What is f e b r?
FEBR stands for Foreign Bank and Financial Accounts Report.
Who is required to file f e b r?
Any U.S. person who has a financial interest in or signature authority over foreign financial accounts must file FEBR.
How to fill out f e b r?
FEBR can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website by providing information about the foreign financial accounts.
What is the purpose of f e b r?
The purpose of FEBR is to report foreign financial accounts to the U.S. government to help prevent money laundering and tax evasion.
What information must be reported on f e b r?
FEBR requires reporting the maximum value of each foreign financial account during the reporting period, the country where the account is located, and other identifying information.
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