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Department of DefenseSADA272 58931,1990 NUMBER7750.7C, Subject:DoD Forms Management ProgramReferences:(a) (b)(c) (d) (e)A. DoD Instruction 5000.21, \”Forms Management Program, \” December 5, 1973
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SAFFM forms are financial reporting documents used to disclose information about certain financial accounts and transactions to regulatory authorities. They are part of a broader compliance framework.
Individuals and entities that hold foreign financial accounts or engage in specific types of financial transactions are typically required to file SAFFM forms and accounts.
To fill out SAFFM forms, individuals must gather necessary financial information, complete the required sections accurately, and submit the form to the appropriate regulatory body by the specified deadline.
The purpose of SAFFM forms and accounts is to ensure transparency in financial reporting, help prevent tax evasion, and maintain compliance with international financial regulations.
The information that must be reported includes details about foreign financial accounts, account balances, types of accounts, and related transaction information.
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