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Behavior POLICY 2019 / 20 Reviewed by:Signed:Date:Review Date:30/01/20January 2021Head Teacher K Walton 30/01/20 Leadership Team D Gray Management Committee Walsh Chair30/01/201Addendum: Temporary
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K Walton is a form used to report foreign financial accounts to the IRS.
U.S. persons including citizens, residents, and entities that have a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the year.
K Walton can be filled out online through the IRS website or by submitting a paper form.
The purpose of k Walton is to combat tax evasion by providing the IRS with information about foreign financial accounts held by U.S. persons.
Information such as the account holder's name, account number, financial institutions, and maximum account value during the reporting period must be provided on k walton.
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