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Danville UniversityDigitalCommons Danville The Danville Health Danville Herald6181937The Danville Herald, June 18, 1937, Danville UniversityFollow this and additional works at: http://digitalcommons.cedarville.edu/cedarville
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m mm texchange bank is a form used to report foreign bank accounts held by US taxpayers.
US taxpayers who have foreign bank accounts with a total value exceeding $10,000 at any time during the year must file m mm texchange bank.
m mm texchange bank can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.
The purpose of m mm texchange bank is to help prevent tax evasion by requiring taxpayers to report their foreign bank accounts.
m mm texchange bank requires taxpayers to report information such as the name and address of the foreign bank, the account number, and the maximum value of the account during the year.
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