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PUBLIC MADDEN, A RPS, S LATE, M EAGER & F LOMLLPONE RODNEY SQUARE 920 N. KING STREET WILMINGTON, DELAWARE 19801FIRM×AFFILIATE OFFICES___TEL: (302× 6513000 FAX: (302× 651 3001 www.skadden.com DIRECT
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S kadden a rps is a form that must be filed by certain entities to report their interest in foreign financial accounts.
Individuals and institutions with financial interests in foreign accounts exceeding a certain threshold are required to file s kadden a rps.
S kadden a rps can be filled out online through the official website of the Internal Revenue Service (IRS).
The purpose of s kadden a rps is to disclose foreign financial accounts and ensure compliance with tax laws.
S kadden a rps requires reporting of information such as account balances, account numbers, and the name of the foreign financial institution.
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