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. HO!SG FINANCEAUTIIORTIY APPROVED W.O. MORRIS EEC. TIME DIRECT(;R) ! , BY ORANGE COUNTY BOARD CONSENT AGENDA COUNTY COMMISSIONERS DEC 1 5 2015 C:p.sltJPMEMORANDUM 8(1ARD OF DIRECTORSSASOL RJ.lo CHAIR.
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What is tive directr?
The tive directr is a form that must be filed by certain individuals who have financial interest in or signature authority over foreign financial accounts.
Who is required to file tive directr?
US citizens, residents, and certain non-residents are required to file tive directr if they meet the threshold requirements set by the IRS.
How to fill out tive directr?
The tive directr can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website or by paper form and submitted to the IRS.
What is the purpose of tive directr?
The purpose of tive directr is to report foreign financial accounts and to prevent tax evasion by individuals hiding assets overseas.
What information must be reported on tive directr?
The tive directr requires information about the account holder, account numbers, financial institutions, and maximum balance of the foreign financial accounts.
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