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)Rosie NT e c i, 1 1181) D. Douglas Device F OR THE PAST several months this column has been projecting change in the Church. Recently it has come to my attention that some members of the Church in
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What is rosici nt e c?
ROSICI NT E C stands for Report of Specified Foreign Financial Assets.
Who is required to file rosici nt e c?
Any U.S. person who has a financial interest in or signature authority over foreign financial accounts must file ROSICI NT E C if the aggregate value of these accounts exceeds $10,000 at any time during the calendar year.
How to fill out rosici nt e c?
ROSICI NT E C can be filled out electronically using the FinCEN Form 114 through the BSA E-Filing System.
What is the purpose of rosici nt e c?
The purpose of ROSICI NT E C is to report specified foreign financial assets to the IRS in order to combat tax evasion.
What information must be reported on rosici nt e c?
Information such as the name and address of the financial institution where the account is held, the account number, the maximum value of the account during the year, and the type of account must be reported on ROSICI NT E C.
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