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BIDS AND AWARDS COMMITTEE 3 University of the Philippines Manila P. Fauna St. corner Ma. Rosa St., Ermina, Manila Telefax # 8141224BID No. BAC3NIHIMBBPR9278Supply of Precision Dispensing System Bid
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Faura St is a form used to report financial assets held outside of the United States by US persons.
US persons, including individuals, corporations, partnerships, and trusts, are required to file Faura St if they meet certain threshold requirements.
Faura St can be filled out electronically through the Financial Crimes Enforcement Network's (FinCEN) BSA E-Filing System.
The purpose of Faura St is to help prevent tax evasion by ensuring that US persons accurately report their foreign financial assets.
US persons must report the maximum value of their foreign financial assets during the year, as well as other relevant information such as the account numbers and locations.
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