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FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL Washington, D.C. 20549 OMB 3235Check this box if no STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF longer subject to Section 16.
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v 106 is a form used for reporting foreign accounts to the IRS.
US citizens, resident aliens, and certain non-resident aliens are required to file v 106 if they have a foreign financial account.
You can fill out v 106 electronically using the FinCEN BSA E-Filing System.
The purpose of v 106 is to report foreign financial accounts to the IRS in order to prevent tax evasion.
Information such as the account number, name of the financial institution, and maximum value of the account during the reporting period must be reported on v 106.
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