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Page 1 of 2C072742018SECURITIES AND EXCHANGE COMMISSION
SEC FORM 17C
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER1. Date of Report (Date of the
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What is common fb?
Common FB stands for Common Foreign Bank Account Report. It is a form used to report foreign bank accounts.
Who is required to file common fb?
US citizens, resident aliens, and certain non-resident aliens are required to file Common FB if they have a financial interest in or signature authority over foreign financial accounts.
How to fill out common fb?
Common FB can be filled out online through the FinCEN website or by submitting a paper form to the IRS.
What is the purpose of common fb?
The purpose of Common FB is to combat tax evasion by ensuring that individuals report their foreign financial accounts to the IRS.
What information must be reported on common fb?
Information such as the name of the financial institution, account number, maximum value of the account during the year, and the account type must be reported on Common FB.
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