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D E PA R T M E N T O F T H E AT R ESCHOLARSHIPSAPPLICATION for 202223 SCHOLARSHIPS for Incoming Freshmen and Transfer Studentship application is for all students who will be a Theater major at Purdue
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What is d e p a?
d e p a stands for Report of Foreign Bank and Financial Accounts (FBAR).
Who is required to file d e p a?
Any United States person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year is required to file FBAR.
How to fill out d e p a?
FBAR can be filed electronically through the Financial Crimes Enforcement Network's (FinCEN) BSA E-Filing System.
What is the purpose of d e p a?
The purpose of FBAR is to prevent money laundering and tax evasion by US persons holding foreign financial accounts.
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FBAR requires reporting the maximum value of the account during the calendar year, the account number, and the name of the financial institution where the account is held.
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