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FB-48 is a form used for reporting specific financial information related to foreign accounts and assets.
Individuals and entities with foreign financial accounts or assets exceeding the reporting thresholds are required to file FB-48.
To fill out FB-48, gather necessary financial information, follow the instructions on the form, and provide accurate details about foreign accounts and assets.
The purpose of FB-48 is to ensure compliance with financial reporting requirements and to provide transparency regarding foreign financial interests.
FB-48 requires reporting information such as account numbers, balances, and identifying details of foreign financial institutions.
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