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Agenda Item No. 12 REPORT TO THE CITY COUNCIL OF THE CITY OF GUADALUPE Agenda of April 9, 2024Philip F. Since___ Approved by: Todd Modem, City Administrator___ Prepared by: Philip F. Since, City Attorney
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What is philip f sinco?
Philip F. Sinco is a form used for reporting foreign financial accounts to the IRS.
Who is required to file philip f sinco?
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 must file Philip F. Sinco.
How to fill out philip f sinco?
Philip F. Sinco must be filed electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
What is the purpose of philip f sinco?
The purpose of Philip F. Sinco is to combat tax evasion by ensuring that U.S. persons report their foreign financial accounts to the IRS.
What information must be reported on philip f sinco?
Information such as the name of the financial institution where the account is held, the account number, the maximum value of the account during the year, and the account type must be reported on Philip F. Sinco.
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