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FORMAL QUOTATIONS Total Value of Items / Services less than R 30 000.00 Quote Number:RFQ105/2023Placement Date: 16/11/2022To be completed by Closing Date and Time of Quotation (12h00):Delivery Date
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Log in to your Facebook account.
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FB BAARD refers to a form used for reporting certain financial accounts held by U.S. taxpayers in foreign banks and financial institutions to the Department of the Treasury.
U.S. citizens, residents, and certain entities that have foreign financial accounts exceeding a specified threshold are required to file FB BAARD.
FB BAARD can be filled out online through the Financial Crimes Enforcement Network's BSA E-Filing System, requiring detailed information about foreign accounts, including account numbers and balances.
The purpose of FB BAARD is to prevent tax evasion by ensuring that U.S. taxpayers disclose foreign financial accounts and comply with U.S. tax laws.
FB BAARD requires reporting of account information such as bank account numbers, account balances, names and addresses of financial institutions, and the account holders' identities.
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