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STATE OF FLORIDA DIVISION OF ADMINISTRATIVE HEARINGS FLORIDA ASSOCIATION OF THE AMERICAN INSTITUTE OF ARCHITECTS, INC., Case No. Petitioner, v. FLORIDA BUILDING COMMISSION, Respondent. / PETITION
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The 120617 faaia rule prop refers to a regulation that requires certain financial institutions to report information about their foreign accounts to the IRS.
US persons and certain foreign financial institutions are required to file the 120617 faaia rule prop.
The 120617 faaia rule prop can be filled out electronically through the IRS's online portal or by submitting paper forms.
The purpose of the 120617 faaia rule prop is to prevent tax evasion by providing the IRS with information about foreign accounts held by US taxpayers.
Information such as the account holder's name, address, account number, and the maximum value of the account during the year must be reported on the 120617 faaia rule prop.
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