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Release and Indemnification Agreement Property: Triumphant Love Lutheran Church 9508 Great Hills Trail Austin, TX 78759 5123465683 Property User: Sole Purpose of Property Use: Liability Insurance
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r e l e stands for Report of Foreign Bank and Financial Accounts which requires US persons to report their foreign financial accounts.
US persons with foreign financial accounts exceeding $10,000 at any time during the calendar year are required to file r e l e.
r e l e can be filled out electronically through the FinCEN website or manually using Form 114.
The purpose of r e l e is to prevent tax evasion by US persons hiding assets in foreign accounts.
Information such as the account number, name of financial institution, account balance, and maximum value of the account must be reported on r e l e.
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