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SUMMARY REPORT 114 ASH STREET (FORMERLY 309 ASH STREET) LAUREL BAY MILITARY HOUSING AREA MARINE CORPS AIR STATION BEAUFORT, SC Revision: 0 Prepared for:Department of the Navy Naval Facilities Engineering
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What is summary report 114 ash?
Summary Report 114 ASH is a financial report required by the Financial Crimes Enforcement Network (FinCEN) used to summarize annual reports of certain foreign bank and financial accounts.
Who is required to file summary report 114 ash?
U.S. persons who have a financial interest in or signature authority over foreign financial accounts, if the aggregate value of those accounts exceeds $10,000 at any time during the calendar year.
How to fill out summary report 114 ash?
To fill out Summary Report 114 ASH, you must provide your personal information, ensure all foreign accounts are listed, and accurately report the maximum value of each account in the reporting year, typically using the guidelines provided by the FinCEN.
What is the purpose of summary report 114 ash?
The purpose of Summary Report 114 ASH is to provide the U.S. government with information about U.S. persons' financial activities and to help combat money laundering and other financial crimes.
What information must be reported on summary report 114 ash?
The report must include the taxpayer's identifying information, details of the financial institutions holding the accounts, account numbers, and the maximum value of each account during the reporting year.
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