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What is 10 f -23 c?
10 f -23 c is a form used to report foreign financial accounts to the IRS.
Who is required to file 10 f -23 c?
Any U.S. person with a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds is required to file 10 f -23 c.
How to fill out 10 f -23 c?
10 f -23 c can be filled out electronically using the Financial Crimes Enforcement Network's BSA E-Filing System.
What is the purpose of 10 f -23 c?
The purpose of 10 f -23 c is to collect information about foreign financial accounts to help combat tax evasion.
What information must be reported on 10 f -23 c?
Information such as the account holder's name, address, account number, and the highest balance of the account during the reporting period must be reported on 10 f -23 c.
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