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The Contractor/Vendor or Designated Supervisor will sign/date below. The Contractor/Vendor Sponsor BaseContractor Representative must also sign. Contractor Signature/Date Dispatcher Printed Name This form is subject to the Privacy Act of 1974 Authority 10 USC 8012 and 5 USC 55a b 7 s MCCONN FORM 114 20020301 IMT-V1 Revised See reverse side for instruction on filling out this form Previous Edition is Obsolete Initials Of. This is a web-optimized version of this form* Download the original full...
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What is mcconn form 114?
McConnell form 114, also known as Form 114 or FBAR (Foreign Bank Account Report), is a form used by individuals and entities to report their financial interest in foreign financial accounts.
Who is required to file mcconn form 114?
Any United States person, including citizens, residents, and entities, who have a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year, is required to file mcconn form 114.
How to fill out mcconn form 114?
To fill out mcconn form 114, you need to provide personal information, details of each foreign financial account, and report the maximum value of the account during the year. The form can be filled out electronically through the Financial Crimes Enforcement Network's (FinCEN) BSA E-Filing System.
What is the purpose of mcconn form 114?
The purpose of mcconn form 114 is to help the United States government identify individuals and entities with financial interests in foreign financial accounts, in order to combat tax evasion, money laundering, and other financial crimes.
What information must be reported on mcconn form 114?
On mcconn form 114, individuals and entities must report their personal information, details of each foreign financial account (such as account numbers and financial institution names), and the maximum value of each account during the year.
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