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S P R E A D T H EN E WS ISSUE #70FEBRUARY 2017Produced in Upper Nap pan Nova Scotia Contact Jean Smith 9026678748 cjsmith@eastlink.caCALLING ALL CRAFTSWOMEN! \” The cold was our pride, the snow
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Ice Bofa US High refers to a form filed with the Internal Revenue Service (IRS) to report certain financial information related to foreign bank accounts held by U.S. taxpayers.
U.S. taxpayers who meet the threshold requirements for reporting foreign financial accounts are required to file Ice Bofa US High with the IRS.
Ice Bofa US High can be filled out electronically using the FinCEN BSA E-Filing System or by mailing a paper form to the IRS.
The purpose of Ice Bofa US High is to combat tax evasion by providing the IRS with information about foreign bank accounts held by U.S. taxpayers.
Ice Bofa US High requires reporting the highest value of each foreign financial account held during the year, as well as other related information.
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