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Falcon Music Tech: Sound Services Request Name (Group or Individual): Today's Date: Sponsor Name (teacher/staff): Email: Event Title/Description: Event Date: Start Time: am/pm End Time: am/pm Rehearsal
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What is f a l c?
F A L C stands for Foreign Account Tax Compliance Act.
Who is required to file f a l c?
Financial institutions and certain non-financial foreign entities are required to file F A L C.
How to fill out f a l c?
F A L C can be filled out electronically through the IRS website or through specialized software.
What is the purpose of f a l c?
The purpose of F A L C is to combat tax evasion by requiring foreign financial institutions to report information about accounts held by U.S. citizens.
What information must be reported on f a l c?
Information such as account balances, interest, dividends, and gross proceeds from the sale of financial assets must be reported on F A L C.
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