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Formosan.1545ReturnofOrganizationExemptFromIncomeTax99000472021Undersection501(c),527,or4947(a)(1)oftheInternalRevenueCode(except private
foundations) Donotentersocialsecuritynumbersonthisformasitmaybemadepublic.
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What is r e d w?
r e d w stands for Report of Foreign Bank and Financial Accounts.
Who is required to file r e d w?
U.S. persons who have a financial interest in or signature authority over foreign financial accounts with a total aggregate value exceeding $10,000 at any time during the calendar year.
How to fill out r e d w?
r e d w can be filled out online through the Financial Crimes Enforcement Network (FinCEN) portal or by submitting a paper form.
What is the purpose of r e d w?
The purpose of r e d w is to report foreign financial accounts to the U.S. government in order to combat money laundering and tax evasion.
What information must be reported on r e d w?
Information such as the account holder's name, account number, financial institution's name and address, and the maximum value of the account during the reporting period.
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