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Meeting Date:12/06/2016Staff Contact:Agenda Item:4c (CC121603)Email:Nan Stanford City Manager Stanford Saginaw.phone:8172324640SUBJECT: Action regarding Ordinance No. 201614, Amending Master Fee Schedule
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What is cc-1216-03?
cc-1216-03 is a tax form used for reporting information related to foreign financial accounts.
Who is required to file cc-1216-03?
US persons with foreign financial accounts exceeding certain thresholds are required to file cc-1216-03.
How to fill out cc-1216-03?
cc-1216-03 can be filled out electronically or on paper, providing details about the foreign financial accounts.
What is the purpose of cc-1216-03?
The purpose of cc-1216-03 is to report foreign financial accounts to the IRS to ensure compliance with tax laws.
What information must be reported on cc-1216-03?
Information such as the account holder's name, address, account number, and the maximum balance during the year must be reported on cc-1216-03.
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