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N0 July 15, 1985, REM.action Boor. 21 Page 180Il REQUEST OF APPROVAL OF PARTICIPATION Appleby 'file t;()WWII CAROLINA II!JOINING nNANCEACENCY A r meeting of the “C 'i.J.t “y 'Coal!. ILN.cc. J.i.J.
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What is iution boor?
Iution boor is a financial report that must be filed by taxpayers to report their foreign financial accounts.
Who is required to file iution boor?
US persons, including individuals, corporations, partnerships, and trusts, who have a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the year, are required to file iution boor.
How to fill out iution boor?
Iution boor can be filled out electronically using the FinCEN Form 114 through the BSA E-Filing System.
What is the purpose of iution boor?
The purpose of iution boor is to combat money laundering, tax evasion, and other financial crimes by tracking foreign financial accounts held by US persons.
What information must be reported on iution boor?
Iution boor requires the reporting of information such as the account owner's name, account number, financial institution's name and address, and the maximum value of the account during the year.
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