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PLANNING AND PRESERVATION COMMISSION REGULAR MEETING NOTICE AND AGENDA JANUARY 5, 2016 6:30 P.M. COUNCIL CHAMBERS 117 McNeil STREET SAN FERNANDO, CA 91340 CALL TO ORDER/ROLL CALL Chair The ale E.
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What is r m n a?
RMNA stands for Report of Foreign Bank and Financial Accounts, a form used to report foreign financial accounts to the US government.
Who is required to file r m n a?
US persons with foreign financial accounts that exceed $10,000 at any time during the year are required to file an RMNA.
How to fill out r m n a?
RMNA can be filled out online through the FinCEN website or by submitting a paper form to the IRS.
What is the purpose of r m n a?
The purpose of RMNA is to combat tax evasion and money laundering by providing the government with information on foreign accounts held by US persons.
What information must be reported on r m n a?
RMNA requires information such as the name of the account holder, account number, name of financial institution, and highest account balance during the year.
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