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E MMI T CON POLITIC ACTION American Postal Workers Union, AFLCIO1300 L Street, N.W., Washington, D.C. 20005 2028424211 www.apwu.org/copaCOPACONTRIBUTE TO COPY! Please Select ONE of the THREE Methods
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What is ommi t t?
Ommi t t stands for the Annual Report of Foreign Bank and Financial Accounts (FBAR).
Who is required to file ommi t t?
U.S. persons, including citizens, residents, and entities, with a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds are required to file FBAR.
How to fill out ommi t t?
FBAR can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website.
What is the purpose of ommi t t?
The purpose of FBAR is to combat tax evasion and money laundering.
What information must be reported on ommi t t?
FBAR requires reporting information on foreign financial accounts, including the maximum value of each account during the reporting period.
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