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Procurement System Government of India
Tender Details
Date : 08Jun2023 10:37 AM
PrintBasic Details
Organization Chain Indian Institute of Technology Goaltender Reference
Number4723Tender ID2023_II
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What is ropar r?
Ropar R stands for Report of Foreign Bank and Financial Accounts. It is a form required by the U.S. Department of Treasury to report foreign bank and financial accounts.
Who is required to file ropar r?
Any U.S. person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year is required to file Ropar R.
How to fill out ropar r?
Ropar R can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website. The form requires information about the foreign financial accounts and the account holder.
What is the purpose of ropar r?
The purpose of Ropar R is to combat tax evasion and money laundering by tracking and monitoring foreign financial accounts held by U.S. persons.
What information must be reported on ropar r?
The information required to be reported on Ropar R includes the name of the financial institution, the account number, the maximum value of the account during the year, and the account holder's information.
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