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DALLAS CITY COUNCIL COMMITTEE AGENDA/, UG 23 M 9: 2 l CITY, c 1 y Dill\'s. 1 c:, MONDAY, AUGUST 27, 2018, CITY HALL COUNCIL BRIEFING ROOM, 6ES 1500 MARILLA STREET DALLAS, TEXAS 75201 9:00 A.M. 11

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Who needs r u f?

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Anyone who is required to provide personal information for a specific purpose may need to fill out an RUF (Record Update Form). This can include students updating their contact information for school records, employees updating their information for HR purposes, or individuals updating their details for government records.

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What is r u f?

RU F, or Report of Foreign Bank and Financial Accounts, is a form used to report foreign financial accounts.

Who is required to file r u f?

US persons with financial interest or signature authority over foreign accounts with an aggregate value over $10,000 are required to file RU F.

How to fill out r u f?

RU F can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website.

What is the purpose of r u f?

The purpose of RU F is to prevent tax evasion by US persons using foreign accounts to hide income.

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Information such as the account number, name on the account, financial institution's name and address, and maximum balance during the reporting period.

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