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A. F. C. E. A. Cochise College Subchapter BOOK SCHOLARSHIP APPLICATION FORM For the Spring 2019 Semester Contact Information please fill out ALL information Name:Date Submitted:Street Address: City,
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An FCE (Foreign Currency Exchange) is a form used to report foreign financial accounts and certain foreign financial assets to the IRS.
Individuals, partnerships, corporations, or any entities that have a financial interest in or signatory authority over foreign financial accounts that exceed certain thresholds are required to file an FCE.
To fill out an FCE, you need to provide your personal information, account details including the bank name, account numbers, the highest value of the account during the year, and sign to certify the accuracy of the information.
The purpose of an FCE is to ensure compliance with U.S. tax laws regarding foreign financial accounts and to prevent tax evasion.
The FCE requires reporting of personal details, financial institutions' names, account numbers, maximum balance during the year, and any co-owners of the accounts.
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