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L o d g i n g R e q u i r e m e n t s & D I am m o n d R a t i n g G u i d e l i n BS AAA Publishing Tourism Information Development 1000 AAA Drive Heathrow, FL 327465063G u e s t RO o m ONE DIAMONDTHREE
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What is r a t i?
r a t i stands for Report of Foreign Bank and Financial Accounts. It is a form required to be filed by U.S. persons who have a financial interest in or signature authority over foreign financial accounts.
Who is required to file r a t i?
U.S. persons, including individuals, corporations, partnerships, and trusts, are required to file r a t i if they have a financial interest in or signature authority over foreign financial accounts.
How to fill out r a t i?
r a t i can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website. The form requires information about the account holder, the foreign financial institution, and details of the account.
What is the purpose of r a t i?
The purpose of r a t i is to report foreign financial accounts to the U.S. government in order to combat tax evasion and money laundering.
What information must be reported on r a t i?
r a t i requires information such as the account holder's name, address, account number, the name and address of the foreign financial institution, and the maximum value of the account during the reporting period.
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